PHYTunes Closes Seed Round of $1.5 Million to Develop Solution for Full 5G Inside Residential, Commercial Buildings
Funding Round Led by Quake Capital with Additional Funding from Deutsche Telekom’s hub:raum, Draper University Ventures Will Help Accelerate Product Development, Go-To-Market Strategy
PHYTunes, a leader in 5G at the Edge and wireless-wireline convergence, today announced it has closed its seed round of $1.5 million with investors Deutsche Telekom´s hub:raum, Draper University Ventures and led by Quake Capital, an early-stage venture capital firm. The round includes several private investors, including PHYTunes Chairman John Cioffi who participated in the round. The round opened in July 2021 and closed September 30, 2021.
| October 4, 2021 |