Tarana Wireless, a fixed wireless access (FWA) gear maker, has raised $50 million in a funding round led by its new investor, Digital Alpha. The funding is expected to accelerate growth in sales and development for its next-generation FWA (ngFWA) platform, G1, as well as increase investment in research and development.

Tarana Wireless had previously received a funding of $170 million in 2022, which helped it bring the company’s valuation to over $1 billion, hence earning the ‘unicorn’ title.