What is Franklin Wireless?
Franklin Wireless Corp., headquartered in San Diego, California, is a provider of integrated wireless solutions. Founded in 1981, the company specializes in 5G/4G wireless broadband products, including mobile hotspots and fixed wireless routers, alongside IoT tracking and connected devices. Their offerings extend to a cloud-based server platform and applications such as Pintrac for device management and tracking, and JEXtream for enhanced remote management of 5G devices. Franklin Wireless serves wireless operators directly and through strategic partners across North America, the Caribbean, South America, and Asia.
How much funding has Franklin Wireless raised?
Franklin Wireless has raised a total of $1.2M across 2 funding rounds:
Stock Offering
$888K
Debt
$350K
Stock Issuance/Offering (1997): $888K, investors not publicly disclosed
Debt (2020): $350K led by PPP
What's next for Franklin Wireless?
The recent major strategic investment signals a period of significant growth and potential expansion for Franklin Wireless. This capital infusion is likely to accelerate the development and deployment of their advanced wireless broadband and IoT solutions. The company's focus on enterprise-level products and its established distribution channels suggest a strategic push to capture a larger market share, particularly in the evolving landscape of 5G and connected devices. Future initiatives may involve enhancing their IoT platform capabilities and expanding their global reach.
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