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44. Movandi
44. Movandi
Launched: 2016
© Provided by CNBC
Though Covid-19 accelerated the transition to connectivity, it's nowhere near complete. And with broadband at the center of President Biden's $2 trillion infrastructure plan, it's unsurprisingly a top priority for tech and telecom companies. Enter Movandi, a company building the "interface of the internet" through a millimeter wave system of extremely high frequency radio signals, used in high-speed wireless broadband services like 5G.
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Movandi is the brainchild of Maryam and Reza Rofougaran — siblings who brought the California-based company to life in 2016 after their first, Innovent Systems, was sold to Broadcom in 2000. The successful exit of Innovent Solutions inspired a 15-year career at Broadcom for Maryam, now Movandi's CEO, who helped build the chipmaker's wireless business from the ground up.
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