Globalstar owner Thermo Companies and Fidelity have participated in the 5G infrastructure technology developer’s series C round.
Pivotal Commware, a US-based developer of 5G infrastructure technology, has picked up $50m for its series C round featuring the owner of mobile satellite operator Globalstar and financial services group Fidelity.
Thermo Companies, the majority-stake owner of Globalstar, participated in the round alongside Fidelity-affiliated investment firm Devonshire Investors.
Tracker Capital Management led the round, which was filled out by DIG Investment, Lux Capital and Bill Gates, the co-founder of software producer Microsoft.
Pivotal was spun out of intellectual property-focused investment…
