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Rosenblatt Helps RAFT Technologies, A Pioneering Low-Latency Network Provider, Secure Investment to Drive its Next Phase of Growth

January 19, 2021
Rosenblatt Securities

Rosenblatt Securities is pleased to have advised RAFT Technologies, a Tel Aviv-based provider of ultra-low-latency wireless transcontinental communications systems, in securing its Series-C growth capital round. The Company uses its patented technology to transmit and receive signals using airwaves faster than any known solutions using microwaves or fiber for transcontinental communications. The Company intends to utilize the funding to expand its infrastructure footprint across major money centers globally and to continue to grow its latency-sensitive capital markets business. Demand for ultra-low latency communication between different exchange co-locations continues to grow and RAFT is a clear leader in the space. 

This transaction once again demonstrates Rosenblatt’s deep knowledge of and relationships in both the financial services and technology industries, adding to its successful track record of helping innovative, high growth FinTech companies raise capital and pursue M&A both here in the US and cross-border.  It’s also the third transaction in the last eighteen months that Rosenblatt has closed in the low-latency infrastructure business. In February 2020, we acted as the exclusive strategic and financial advisor to Sydney-based Exablaze, which provides advanced network devices used in low-latency trading, in its sale to Cisco. We also advised NetXpress, a global provider of colocation, data center services, exchange, and WAN connectivity, highly regarded for its unique low latency architecture, on its sale to TNS in July 2019. 


Rosenblatt is also a thought leader and trusted advisor, uniquely positioned to connect disruptors and incumbents with customers, channel partners, and investors. Deep domain expertise and relationships with some of the most sophisticated and demanding market participants globally are hallmarks of our team, which has been on Institutional Investor’s FinTech Finance 40 ranking for two years running. Click here for more transactions on which we have advised.

 

About RAFT Technologies

RAFT Technologies delivers a wireless, ultra-low latency, transcontinental communications system. Established in 2013, it brings together a skilled team with over 40 years of cumulative experience in the fields of radio communications, networking, management, and monitoring systems. For more information on RAFT Technologies, please visit www.raft-tech.com.

About Rosenblatt Securities

Rosenblatt Securities is a boutique tech research firm, investment bank, and independent institutional brokerage founded in 1979 and headquartered in New York. The firm represents clients on an agency-only basis on its cutting-edge program trading desk and on the floor of the New York Stock Exchange, where it the largest broker by volume. The firm also provides industry-leading execution analytics, market-structure analysis, consulting, and investment-banking services to a wide variety of clients globally, including institutional investors, exchanges, government entities, technology companies, banks, brokers, and proprietary trading firms. Its growing research offering includes coverage of technology, media, and telecommunications, and emerging, frontier, and developed markets. Member NYSE, FINRA, SIPC. For more information, please visit www.rosenblattsecurities.com.

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