Guerrilla RF recently announced the closing of a $900,000 series C funding round with participation from multiple angel investors.
Ryan Pratt, Founder and CEO at Guerrilla RF said - With production ramps occurring at multiple customers and many additional new design wins, they have enormous opportunities in front of them. This funding will enable them to accelerate their revenue growth by expanding their product offerings and stepping up their marketing efforts.
The overall wireless network infrastructure market will see tremendous growth over the coming years. According to Research and Markets, this sector will see a compound annual growth rate of over 5 percent. The market will account for over $104 billion in annual spending by the end of 2020.
