Inseego Corp. (INSG) Announces $25 Million Investment by Mubadala

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Inseego Announces $25 Million Investment by Mubadala

March 10, 2020 8:49 AM EDT

SAN DIEGO--(BUSINESS WIRE)-- Inseego Corp. (Nasdaq: INSG), a pioneer of 5G and intelligent IoT device-to-cloud solutions, today announced that it has closed a $25 million private placement for the sale of Series E Preferred Stock to a private fund managed by Mubadala Investment Companys asset management arm, Mubadala Capital, as part of its public equities strategy. Mubadala Capital joins... More