GenXComm Raises $20M in Series B Funding

10 Sep, 2021

GenXComm Raises $20M in Series B Funding
Photo by Scott Szarapka on Unsplash

– GenXComm is an Austin TX-based provider of private networking solutions.
– Company raised $20M in Series B funding.
– The round was led by Motive Companies, with participation from Raine Next-Gen Communications, BMW iVentures, Intel Capital, Azure Capital and Bandgap Ventures.
– The company intends to use the funds to accelerate product development and commercial launch of their private 4G LTE and 5G network solutions.

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