Verana Networks: Funding, Investors & Team (Oct 2026)
Verana Networks develops an innovative 5G Radio Access Network solution for service providers that have licensed millimeter wave (mmWave) spectrum. The company focuses on enabling 5G in mmWave spectrum because that is where the largest amount of new spectrum is. For 5G to succeed, it must deliver a 10X-50X increase in speed and capacity. Blazing fast speed and an increase in capacity enable new applications, these new applications create incremental revenue, and incremental revenue is essential to support the business case for 5G.
Verana Networks has raised $39.0M across 3 funding rounds on record, the most recent an undisclosed round announced in Feb 2023.
Verana Networks Company Profile and Key Stats
Latest funding round on record: Feb 2023.
Verana Networks Funding Rounds
1 of 3 rounds was announced without a disclosed amount and is excluded from the total.
Verana Networks raised $11.0M in an undisclosed round announced in Dec 2020.
1.3 years later, a Series B of $28.0M was announced in Apr 2022.
10 months later, an undisclosed round was announced in Feb 2023 with no disclosed amount.
Verana Networks Founders and Leadership Team
Contact details for the Verana Networks team: 1 of 2 have an email address on file.
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Verana Networks Funding FAQs
What does Verana Networks do?
Verana Networks develops an innovative 5G Radio Access Network solution for service providers that have licensed millimeter wave (mmWave) spectrum. The company focuses on enabling 5G in mmWave spectrum because that is where the largest amount of new spectrum is. For 5G to succeed, it must deliver a 10X-50X increase in speed and capacity. Blazing fast speed and an increase in capacity enable new applications, these new applications create incremental revenue, and incremental revenue is essential to support the business case for 5G.
How much funding has Verana Networks raised?
Verana Networks has raised $39.0M across 3 rounds on record.
When did Verana Networks last raise funding?
Verana Networks' most recent funding round on record was announced in Feb 2023. The amount was not disclosed.
Who founded Verana Networks?
FundedIQ lists Amit Jain (Founder) at Verana Networks.
Who is the CEO of Verana Networks?
Vedat Eyuboglu is listed as CEO at Verana Networks.
Where is Verana Networks headquartered?
Verana Networks is based in Waltham, Massachusetts, United States.
How many employees does Verana Networks have?
Verana Networks is in the 51-100 employee band.
About FundedIQ's Verana Networks Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Verana Networks is left off this page rather than filled in.
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