Pente Networks
411 Hackensack Ave Suite 806, 8th floor, Hackensack, New Jersey, 07601, United States
Overview
Pente Networks provides Infrastructure-as-a-Service (IaaS) to promote the introduction of private LTE/5G networks for enterprises. The company has developed products such as Orchestrator, which automates network operation and management, and Service Portal, a network management screen with strong operability and visibility. Pente also enables devices and base stations to be interoperable. The firm positions its private LTE/5G IaaS as contributing to the advancement and promotion of communication and social infrastructure. Pente received an investment from Mitsubishi Electric’s ME Innovation Fund and intends to use the funds to expand operations and its development efforts. The amount and specific instrument of the deal were not disclosed in the announcement. Pente Networks develops an enterprise-grade LTE/5G Mobile Core & Management Platform for service providers and enterprise customers. The platform is positioned to serve MVNOs, WISPs, MSPs and system integrators and supports deployments using CBRS and other unlicensed spectrum to augment or replace traditional enterprise networks. Founded in 2015, the company has built a partner ecosystem with system integrators, service providers, and equipment manufacturers to deliver end-to-end wireless communications solutions. Pente recently raised a $10M Series A, bringing total investment to date to over $15 million, and has established a North American headquarters in Hackensack, New Jersey while expanding its original headquarters in Petach Tikva, Israel. Leadership changes include Avi Cohen joining as CEO, Jonathan Schwartz serving as CTO, and Roy Timor-Rousso as CMO. The company plans to expand its core technology development team in Israel while focusing strategy, business development, customer success, sales, and marketing in the U.S., and is actively recruiting U.S.-based sales, pre-sales engineering, customer success, and marketing professionals.
- Total raised
- $10M
- Funding rounds
- 2
- Latest round
- Series A
- Latest activity
- Sep 2022
Industries
- Enterprise Software
- Information Technology
- Internet of Things
- Mobile
- Network Security
- Software Engineering
- Telecommunications
Recent funding
Series A
Sep 2022
$10M