DC Investment Partners led a $28m Series B round in Verena Networks.

DC Investment Partners, a venture capital company in Tysons Corner, Virginia, led a $28m Series B round in Verena Networks, a provider of 5G Radio Access Network solutions, with participation from Spark Capital, BOLD Capital Partners, Aspiro Capital, Taiwania Capital and TDK Ventures. “From gigabit fixed wireless access to the metaverse, 5G applications that will generate billions of dollars in incremental revenue will require a massive increase in network capacity. Verana Networks enables service providers to cost-efficiently harness abundant and inexpensive mmWave spectrum to deliver high-bandwidth 5G applications. This latest round of funding – as well as the funding we secured in earlier rounds – demonstrates our investors’ confidence in Verana’s vision for next-generation 5G networks,” Vedat Eyuboglu, Verana Networks CEO and Co-Founder.