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August 22, 2023

Pivotal Commware

Pivotal Commware announced the closing of a $102 million Series D round led by Gates Frontier and Tracker Capital. Joining them as co-leads in the round are funds managed by affiliates of Fortress Investment Group, and Blue Investment Group. Among Pivotal's existing investors, Verizon Ventures, Devonshire Investors, Thermo Companies, DIG Investment XV AB and Lux Capital also participated. Pivotal Turnkey Services is an end-to-end solution for planning and deploying fixed wireless access for Mobile Network Operators. The new capital raised will be used to provide new investment opportunities, and to develop next generation software and hardware products and solutions. Citigroup acted as exclusive placement agent to Pivotal Commware. The company is privately held and headquartered in Bothell.




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