George Foresman

Rivada Networks LLC develops and provides communications solutions. It offers dynamic spectrum arbitrage which allocates long term evolution (LTE) network resources to wholesale buyers of wireless bandwidth, while its Open Access Market allows bidders to buy that bandwidth a year out, a month out, or in real time in response to projected demand and market conditions. The Open Access Market, modeled on the markets for electricity supply, lowers the barriers to entry into the wireless market by ensuring that supply and demand are matched every hour of the day, on every cell site on a network. The firm also develops enhanced location-based services (eLBS) that uses a patented algorithm for location finding combined with the ability to create a mesh network among local devices to triangulate from. The company was founded in 2003 and is headquartered in Colorado Springs, CO.