Range Networks

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Range Networks - overview

Established

2010

Location

San Francisco, CA, US

Primary Industry

Telecoms

About

Range Networks provides cellular network solutions designed for unconnected populations, enabling the establishment of mobile services in economically challenging areas through innovative software-based infrastructure. Founded in 2010, Range Networks is headquartered in San Francisco, US. The company specializes in software-based cellular network solutions designed to serve unconnected populations. Harvind Samra, the founder, has led the company since its inception.


Range Networks raised USD 10 mn in funding on January 29, 2014, from Gray Ghost Ventures and Omidyar Network, which accounts for the total amount raised. Range Networks specializes in providing innovative cellular network solutions that cater to unconnected populations worldwide. Their core product offering is a software-based cellular network infrastructure that operates on commodity Linux servers and utilizes off-the-shelf radios and amplifiers. This technology enables entrepreneurs and municipalities to establish mobile service in areas where traditional networks are economically unviable due to low population density.


By eliminating the need for proprietary equipment from a single vendor, Range Networks allows customers to select from multiple technologies, including GSM, GPRS, EDGE, and UMTS, and facilitates easy upgrades through software updates. The company’s offerings are particularly beneficial in regions across Africa, Southeast Asia, and Latin America, where conventional mobile networks have struggled to provide affordable connectivity to underserved communities. Range Networks generates revenue primarily through a subscription-based model, catering to a diverse client base that includes entrepreneurs and local governments aiming to establish mobile networks in unconnected areas. Clients typically pay based on the number of subscribers supported rather than a fixed fee, which allows for flexibility and scalability in revenue generation as the network grows.


Business transactions may involve partnerships with local Internet Service Providers (ISPs) or direct sales to municipalities looking to provide mobile services. The pricing structure is designed to be accessible, aligning with the company's mission to make mobile communications affordable. Range Networks’ solutions contribute to sustainable revenue streams by charging for subscriber support, making it a compelling choice for clients operating in challenging market conditions. In January 2014, Range Networks raised USD 10 mn in funding, which will be utilized to expand their innovative network solutions.


The company aims to enhance its product line by developing new technologies designed specifically for emerging markets. Additionally, Range Networks plans to target expansion in regions such as Africa, Southeast Asia, and Latin America by the end of 2024, facilitating better connectivity for underserved populations.


Current Investors

Gray Ghost Ventures, Omidyar Network

Primary Industry

Telecoms

Sub Industries

Software, Telecoms Equipment

Website

www.rangenetworks.com

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Range Networks - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

Range Networks - key contacts

NamePositionStart DateEnd DateVcardBio 
Board DirectorBM

BM Board Member

Want to see more?

Request a demo for full access to this profile

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.