- General
- March 25, 2019
- 4 minutes read
Tarana Raises $60 Million From Khosla Ventures And EchoStar
Khosla Ventures founder Vinod Khosla image: JD Lasica / Flickr Tarana Wireless – a Santa Clara, California based company focused…
Khosla Ventures founder Vinod Khosla
image: JD Lasica / Flickr
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Tarana Wireless – a Santa Clara, California based company focused on wireless network access services – has announced $60 million in new funding from Khosla Ventures and satellite communications giant EchoStar. With this round, Tarana has now raised nearly $200 million in total funding.
As part of the round, EchoStar Chairman Charlie Ergen, Khosla Ventures partner Samir Kaul and OneWeb chairman Greg Wyler are joining Tarana’s board. This comes on the heels of former EchoStar EVP Kranti Kilaru joining Tarana Wireless as president.
Khosla Ventures partner Samir Kaul
image: Juccce / Flickr
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Tarana currently employs some 165 people and aims to grow its team by 35 employees by mid-year. “We are excited to complete this round of financing, which allows us to finish our product development efforts and start commercial trials with a number of tier 1 operators who are now making plans for that phase.” COO Sergiu Nedevshi said in a statement.
Other investors in Tarana include AT&T, Blum Capital, 1010 Holdings and Deutsche Telekom. The valuation for this round is not known.