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Pivotal Commware’s 5G ambitions get a $50M boost

Kirkland, Wash.-based Pivotal Commware says it has closed on a $50 million funding round that will help it expand research, development and distribution for its millimeter-wave 5G network infrastructure products.

Tracker Capital Management, a venture capital investment firm that’s headquartered in New York, led the Series C investment round. Other participants in the financing include Devonshire Investors and Pivotal’s existing investors — including Microsoft co-founder Bill Gates.

Gates has been investing in Pivotal since 2017, not long after it was spun out from Intellectual Ventures. It’s one of several Gates-backed ventures that make use of metamaterials, an exotic breed of electronics that can channel signals without moving parts.

Pivotal calls its metamaterials-based technology “holographic beam forming.” The technology is used primarily to support ultra-wideband 5G communications.

By Alan Boyle

Mastermind of Cosmic Log, contributing editor at GeekWire, author of "The Case for Pluto: How a Little Planet Made a Big Difference," president of the Council for the Advancement of Science Writing. Check out "About Alan Boyle" for more fun facts.

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