Stormbreaker Ventures has made an investment in Global Telecom Engineering, a firm that specializes in offering hardware and software engineering services to the wireless industry. The company is situated in Newport Beach, California.
The total value of the transaction was not made public. Thermo Companies were also involved in the event.
Powered by Ahmad Malkawi, Chief Executive Officer, Global Telecom Engineering is a company that specializes in the production of hardware for Internet of Things (IoT) and fixed wireless solutions, which in turn drives developments in wireless connection. In addition to being well-known for its innovative fixed wireless access and Internet of Things connectivity devices, the company offers multi-layer security to ensure connections that are both quick and dependable.
About Strombreaker
Stormbreaker is an early-stage venture capital firm that specializes in the mobility space, which includes transportation, computing and networking, consumer electronics, industrial devices and sensors, security, and related services.
With a combined expertise of over 120 years, their team comprises seasoned operators and investors with a stellar track record that includes 14 unicorn investments.
With its Founder SuccessTM Platform, Stormbreaker offers its founders an elite collection of tools and services, adding a new degree of scrutiny to the venture capital industry. Because of their robust global network, leading corporations from around the world are now keen to include Stormbreaker as the first US venture capitalist on their capital table. Following the Stormbreaker investment, more than 40 active portfolio firms have raised more than $500 million in follow-on finance.