Eridan

Develops RF signal transmitters for telecommunications

Mountain View, California, United States

About Eridan

Eridan Communications focuses on improving telecommunications through its unique transmitter technology that generates Radio Frequency (RF) signals. Their main product, the MIRACLE module, enhances the performance of telecommunications equipment while reducing costs and power consumption. This technology is particularly beneficial for the growing demand for 5G connectivity, as it can be applied in both urban and rural settings. Unlike competitors, Eridan's approach allows manufacturers to integrate their modules into existing products, providing a competitive advantage in efficiency and performance. The goal of Eridan is to make wireless communication more accessible and efficient for everyone.

Mountain View, CaliforniaHeadquarters
2013Year Founded
$52.5MTotal Funding
SERIES_BCompany Stage
Data & Analytics, HardwareIndustries
51-200Employees

Benefits

Health Insurance
Vision Insurance
Dental Insurance
401(k) Retirement Plan
401(k) Company Match
Flexible Work Hours
Company Equity

Risks

Competition from larger telecom companies could overshadow Eridan's innovations.
Supply chain vulnerabilities may delay MIRACLE module production and delivery.
Continuous updates to MIRACLE module may be costly due to rapid tech advancements.

Differentiation

Eridan's MIRACLE module offers 5-10x power reduction for wireless data transmission.
Their fully digital signal generation eliminates the need for linear power amplifiers.
Eridan's technology supports both urban and rural 5G connectivity efficiently.

Upsides

Eridan received $36.8M in grants to expand MIRACLE radio and ORAN innovations.
The company raised $46M to advance their 5G technology and market presence.
Eridan's technology aligns with the trend towards energy-efficient telecommunications solutions.

Funding

Total raised$52.53 M
Latest valuation$230.00 M
StageSERIES_B