Tarana Wireless
- 🦄Became a unicornMar 2022
- 📈Peak valuation$1 Billion ’22
- 💔Became a Unitard2026
- 💸Last valuation~$390M
The rise & fall
5 moments · 2009–2026The key moments.
How it happened
Tarana Wireless, founded in Milpitas, California in 2009, makes fixed-wireless access radios that beam gigabit broadband without line of sight, pitched at regional internet providers. A $170M round in March 2022, co-led by Axon Capital, Khosla Ventures and Prime Movers Lab, valued it at $1B.
Deployments of its G1 gear continued, but the equity has been marked down in SEC filings: Capital Group's SMALLCAP World Fund and the New Economy Fund carry Tarana common, which fell from about $1.07 a share in 2024 and 2025 to roughly $0.40 in 2026, implying a value near $390M, well under the unicorn mark.
Glassdoor reviews stayed largely positive on the technology, pace and culture even as its mutual-fund backers marked the equity down.
Employee accounts paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗. See our methodology.
Mutual-fund markdowns
2 funds · SEC NPORT-PHow U.S. mutual funds fair-value this still-private company in their quarterly SEC filings.
| Fund | Class | $/sh | From peak | As of |
|---|---|---|---|---|
| New Economy Fund | Preferred | $0.77 | -30% | May 2026 |
| SMALLCAP World Fund Inc | Preferred | $1.07 | -9% | Dec 2025 |
| SMALLCAP World Fund Inc | Common | $0.42 | -61% | Jun 2026 |
Source: SEC EDGAR Form NPORT-P (Level-3 fair-value marks). Per-share marks reflect the fund’s own valuation of a specific share class and aren’t a company-wide valuation. Last refreshed Oct 2026.
Source: Bloomberg (Mar 23, 2022): 'Wireless Home Broadband Venture Tarana Valued at $1 Billion' on a $170M round co-led by Axon Capital, Khosla Ventures and Prime Movers Lab; a prior round was ~$450M (May 2021). SEC Form N-PORT: Capital Group's SMALLCAP World Fund and New Economy Fund mark 'Tarana Wireless Inc' common at ~$1.07 (2024-2025) to ~$0.39-0.42 (2026), about -62%, implying ~$390M against the $1B peak. Founded 2009 by Dale Branlund.
Founders & leadership
Current roles as self-reported on LinkedIn, retrieved 2026-10-13. See our methodology.
Disclosed investors (15)
Historical funding participation; lists may be incomplete and do not establish current ownership or investor losses.
* Lead in a funding round · Crunchbase ↗ · 2026-10-13 · Methodology · Leaderboard
