Mangata Networks Announces $33 Million Series A Raise Launching Innovative Satellite/Edge Computing Network
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Wednesday, January 12, 2022
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Mangata Networks has closed a $33 million Series A round led by US-based venture capital firm Playground Global to continue its mission to transform the way the world interacts with information.
Key Points:
- Mangata Networks has closed a $33 million Series A round led by US-based venture capital firm Playground Global to continue its mission to transform the way the world interacts with information.
- This single core network will provide scalable B2G and B2B connectivity, that is both affordable and accessible to anyone, anywhere on the planet.
- Mangata Networks will initiate service for the entire Northern Hemisphere starting in 2024 with its initial launch of 8 HEO satellites.
- Using a proprietary network of satellites and terrestrial systems, Mangata is connecting people, machines, and devices across the world.