FiberSense Secures $14,000,000 in Funding for Expansion in Private Network Market

FiberSense, a pioneering company in the telecommunications sector, has successfully raised $14 million in its latest funding round. This substantial investment comes at a pivotal moment, as the company is poised to capitalize on the explosive growth of private networks—an area gaining significant traction thanks to supportive government policies aimed at urban development. With a robust foundation built over seven years of developing wireless broadband solutions, FiberSense is strategically leveraging its deep understanding of various 4G application business models alongside proven success cases. The fresh capital will be instrumental in enhancing its collaboration with NGSN in the rollout of wireless smart city projects, a venture that promises to redefine urban connectivity. Additionally, FiberSense has formed a strategic alliance with the China Academy of Sciences, an exciting partnership that positions the company to tap into the vast vertical market for 4G wireless broadband applications and services. The funding will enable FiberSense to further innovate and expand its unique 4G wireless broadband application platform, which utilizes the company’s licensed spectrum to offer state-of-the-art high-speed wireless solutions. Elite partners, such as Tata Consulting and NeST Consulting, have joined forces with FiberSense, highlighting its commitment to large-scale deployment and transformative connectivity solutions. As the private network landscape evolves, FiberSense is well-equipped to lead the charge, driving technological advancements that enhance urban infrastructure and improve quality of life for residents.