Nova Labs, the founding team behind the Helium Network and pioneers of decentralized wireless infrastructure, announced the acquisition of FreedomFi, a company which builds software for crowdsourced 5G networks.
With deep expertise in development of open source tools for deployment and management of next generation distributed mobile networks, the FreedomFi team will join forces with Nova Labs to make Helium the standard for decentralized networks everywhere.
As part of the acquisition, all 30 FreedomFi team members will be joining Nova Labs, with FreedomFi co-founders, Boris Renski and Joey Padden, leading Nova Labs’ future expansion into the mobile space.
FreedomFi has raised $9.5M from Qualcomm and Samsung in March of this year.
Amir Haleem, CEO and co-founder of Nova Labs
The FreedomFi team has unique capabilities, a proven record of innovation, and are developers of best-in-class technology, so from a strategic standpoint this acquisition supports our mission. The Helium mobile network will benefit greatly from the added expertise of FreedomFi and we look forward to working with Boris, Joey, and their team to make an even better consumer experience.
