Startup Verana Networks targets mmWave 5G RAN

A new startup appears set to tackle the market for 5G radio access network (RAN) hardware running in millimeter wave (mmWave) spectrum – a space the company says is poised to "enable new applications" and "create incremental revenue" for 5G operators. Launched by a pair of former Airvana executives, Verana Networks was founded earlier this year and closed its Series A funding in April. "We have not said much publicly yet. Current plan is to start talking more about what we are doing as well as our investors, board members and team in mid-October," Amit Jain, Verana's founder and chief commercial officer, wrote in response to questions from Light Reading. He declined to provide any further details.