Optimal Investment Group Invests in Peltbeam
June 26, 2023
Optimal Investment Group (OIG), a Sherman Oaks, California private equity firm, completed a follow-on Series B investment in Peltbeam, Inc., a Newport Beach 5G mmWave technology company. OIG was the sole outside investor in both Peltbeam's Series A and remained the only outside investor in the Series B round to support the company's development of smart repeaters and mmWave solutions.
- Buyers
- Optimal Investment Group (OIG)
- Targets
- Peltbeam, Inc.
- Industry
- Telecommunications
- Location
- California, United States
- Transaction Type
- Growth capital
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