Aurora, IL – According to filings with the U.S. Securities and Exchange Commission, Latitude 42 is raising $20,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Norm Dumbroff played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Latitude 42

Established in 2020, Latitude42 will leverage decades of telecom expertise to offer a revolutionary technology-business model. Focus is on service providers in wireless and networking, deploying products and managing them using their own platform. Our model enables the client to enjoy predictable cash flow from operations with limited or no capital expenditure. HAAS offers rental of otherwise capital-intensive hardware to enable broader connectivity across dispersed or remote areas.

To learn more about Latitude 42, visit http://latitude42.com/

Contact:
Norm Dumbroff, Chief Executive Officer
630-723-3304
https://www.linkedin.com/in/normdumbroff/

SOURCE: http://www.intelligence360.io
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