Former EchoStar EVP joins Tarana as President
Investment enables completion of Tarana’s revolutionary solution for fixed wireless broadband access.
SANTA CLARA, Calif. (Tarana Wireless) — Tarana Wireless Inc. today announced a $60 million financing with Khosla Ventures and EchoStar Corporation, as a follow-on to financing of $28m led by 1010 Holdings, LLC, the family offices of Greg Wyler. In conjunction with the financing, EchoStar Chairman Charlie Ergen, Khosla Ventures partner Samir Kaul, and Greg Wyler, Chairman of OneWeb, have joined Tarana’s board of directors. Kranti Kilaru recently stepped down from his role as EVP at EchoStar to join Tarana’s leadership team as President.
With total financing of nearly $200 million, Tarana has created a new class of radio technology with unprecedented immunity to obstructions, interference, changing conditions, and spectrum scarcity. Tarana’s fixed wireless access technology will drive a tenfold improvement in the network economics of gigabit broadband access at massive scale.