5G Network Equipment for
Generating New Revenue Streams
for Service Providers
Verana Networks is building an innovative 5G Radio Access Network (RAN) solution for service providers that have licensed millimeter wave (mmWave) spectrum.
We are focused on enabling 5G in mmWave spectrum because that is where the largest amount of new spectrum is. For 5G to succeed, it must deliver a 10X-50X increase in speed and capacity. Blazing fast speed and a massive increase in capacity enable new applications, these new applications create incremental revenue, and incremental revenue is essential to support the business case for 5G.
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Verana Networks was founded in 2019 by Vedat Eyuboglu and Amit Jain, startup executives with a track record of bringing innovative radio access network products to market, from the world’s first all-IP 3G base stations to pioneering 3G and 4G small cell solutions. These products were adopted and deployed by some of the largest service providers in the United States, Mexico, Europe and Japan.
Vedat Eyuboglu is the Chief Executive Officer of Verana Networks. Prior to founding Verana Networks, Mr. Eyuboglu was CTO for the Small Cells group at CommScope. Mr. Eyuboglu joined CommScope through its acquisition of Airvana, where Mr. Eyuboglu was co-founder, CTO, and a member of the company’s board of directors. Prior to founding Airvana, Mr. Eyuboglu was VP/GM at Motorola’s Internet and Networking Group. Mr. Eyuboglu holds a Ph.D. and M.S. in Electrical Engineering from Rensselaer Polytechnic Institute and a B.S. in Electrical Engineering from Boğaziçi University (Turkey).
Amit Jain is the Chief Commercial Officer of Verana Networks. Prior to founding Verana Networks, Mr. Jain was VP, Product Management at Corning, responsible for Corning’s small cell product line. Mr. Jain joined Corning through its acquisition of SpiderCloud Wireless, where Mr. Jain was VP, Product Management and Marketing. Before that, Mr. Jain held several management roles at Airvana, including VP, Sales, Marketing and Product Management, and was a Staff Software Engineer at Qualcomm. Mr. Jain holds an MBA from MIT’s Sloan School of Management, an MS (Electrical Engineering) from University of California, Irvine and a B.Tech. (Electrical Engineering) from the Indian Institute of Technology, Bombay.
Sundar Sankaran is the Vice President of Engineering at Verana Networks. Prior to joining Verana Networks, Mr. Sankaran was VP, Engineering for Access Point HW and SW at CommScope’s Ruckus business unit, and held several roles at Qualcomm Atheros, including Senior Director of Technology. Prior to CommScope and Qualcomm, Mr. Sankaran held several technical roles at Intel, ArrayComm and Infosys. He is co-inventor on 18 US patents. He holds a Ph.D. and M.S. in Electrical Engineering from Virginia Tech and a B.S. in Electrical Engineering from Anna University, India.
BOARD OF DIRECTORS
Santo Politi is co-founder and General Partner at Spark Capital. He led Spark Capital’s investments in Adap.TV (AOL), Admeld (Google), CT-100/CNET (CBS), IPWireless (General Dynamics), KickApps (KIT Digital), Lexity (Yahoo), Oculus (Facebook) and OneRiot (Walmart). Santo holds an M.B.A. in Finance from The Wharton School at the University of Pennsylvania, an M.S. in Electrical Engineering from NJIT and a B.S. in Electrical Engineering and Physics from Bogazici University.
Cheng Wu is General Partner at Taiwania Capital, and a successful serial entrepreneur having founded and led numerous businesses in networking, communications, and wireless video. He was founder of Arris Networks (Cascade Communications, 1996), ArrowPoint Communications (IPO, acquired by Cisco, 2000), Acopia Networks (F5 Networks) and Azuki Systems (Ericsson, 2014). Cheng holds a M.S. in Computer Science from Indiana University and a B.S. in Electrical Engineering from National Chiao Tung University (Taiwan).
Mark Bulkeley is Managing Director at DC Investment Partners, an affiliate of Dean & Company, a strategy consulting firm. Mark joined Dean & Company in 2001, with a focus on energy and telecommunications. He subsequently co-founded and ran Energy Clearing Services as Managing Director of Operations and is currently a Director at DC Energy. Mark holds a bachelor’s degree in Aeronautical Engineering from Rensselaer Polytechnic Institute and an MBA from the MIT Sloan School of Management.
We are rapidly expanding our team in the Greater Boston area and in Bangalore.