Maryam Rofougaran, Co-CEO Movandi

Maryam Rofougaran, Co-CEO Movandi


WHY: Runs closely watched 5G telecom equipment company, with her brother Reza Rofougaran. Irvine firm is seeking to innovate 5G millimeter wave networks. Makes components of the millimeter wave system used in high-speed wireless broadband communication.

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RECENT: Raised $27M in April, first big funding round for OC firm during pandemic; Movandi’s funding total is now approaching $67M. The company was founded in 2016.

“This whole virus and this whole shutdown and forcing everyone to work from home has made it even more clear that having access to fast internet and being able to work remotely and support large amounts of data and very quick low latency is key.”