What is goTenna?
Founded in 2012 and headquartered in Brooklyn, New York, goTenna specializes in developing a mobile mesh networking platform designed for robust, off-grid, and decentralized communication. This technology is crucial for scenarios where traditional cellular or Wi-Fi networks are unavailable or unreliable, serving applications ranging from emergency response and disaster relief to military operations and remote exploration. The company's commitment to creating resilient communication infrastructure positions it as a key player in the evolving landscape of connectivity.
How much funding has goTenna raised?
goTenna has raised a total of $42.2M across 5 funding rounds:
Private Equity
$1.8M
Series A
$7.5M
Series B
$7.5M
Series C
$24M
Debt
$1.4M
Private Equity (2013): $1.8M, investors not publicly disclosed
Series A (2015): $7.5M led by WaldenVC, Wareness.io, BBG Ventures, and MentorTech Ventures
Series B (2017): $7.5M supported by WaldenVC, Union Square Ventures, Mentortech Ventures, and BBG Ventures, LLC
Series C (2019): $24M featuring Union Square Ventures, MentorTech, Founders Fund, Walden VC, Bloomberg, Collaborative Fund, Comcast Ventures, and Silicon Valley Bank
Debt (2021): $1.4M backed by PPP
Key Investors in goTenna
WaldenVC
WaldenVC is an investment firm focused on backing teams with mass-market potential and strong core technology, often leading early financing rounds and supporting brand building and scaling. Their sector focus includes digital media and cloud services for consumers and enterprises.
Union Square Ventures
Union Square Ventures is a venture capital firm that invests in transformative markets influenced by technological and societal changes, targeting innovative companies poised for growth and partnering with visionary entrepreneurs.
BBG Ventures
BBG Ventures invests in visionary entrepreneurs building the next generation of market-defining consumer products and services, with a focus on companies founded by women addressing common life challenges through technology.
What's next for goTenna?
The recent major strategic investment in goTenna signals a pivotal phase for the company, likely enabling accelerated product development, market expansion, and enhanced operational capabilities. With a total funding of $42.2M, goTenna is well-positioned to further solidify its market leadership in mesh networking. Future endeavors may include scaling its enterprise solutions, forging new strategic partnerships, and continuing to innovate its platform to meet the growing demand for secure and reliable off-grid communication in an increasingly connected yet vulnerable world. The company's trajectory suggests a focus on expanding its reach and impact across various critical sectors.
See full goTenna company page
