EchoStar was one of the investors that provided the funding for broadband services provider Tarana, which has secured commitments for an additional $36m.
US-based broadband technology developer Tarana Wireless has received $24m in funding from investors including satellite technology and services provider EchoStar as part of a round with a $60m targeted close.
Venture capital firm Khosla Ventures and family office 1010 Holdings also contributed to the tranche. The company said it has secured commitments for the remaining $36m to be supplied between by the end of October 2020.
Tarana has developed a fixed wireless access network that boasts gigabit speeds. Its radio…
