Cellwize Wireless Technologies, a provider of mobile network automation and orchestration, has closed on a $32 million Series B round to boost its next wave of expansion efforts.
Cellwize aims to enable the “networks of the future today” by helping mobile network operators accelerate 5G network deployment. It does so through CHIME, which the company calls a cloudified and AI-driven RAN automation and orchestration platform.
The flexible, scalable, and agile platform delivers advanced capabilities so operators can “democratize their network management functions and deliver fast innovation,” Cellwize says.
CHIME is able to automate key business processes in the RAN (Radio Access Network) domain, allowing operators to hasten 5G go-to-market and improve ROI on their network investments, per a statement.
Cellwize is based in Israel, but has significant operations in Southlake and Singapore. TechCrunch reports that it provides services to around 40 carriers—including Verizon and Telefonica—to cover 16 countries and 800 million subscribers.
The company’s new funding was led by Intel Capital, an investor of startups focused on emerging tech, and Qualcomm Ventures LLC, the VC arm of Qualcomm Incorporated, which develops next-generation wireless technologies. There was also participation from Verizon Ventures, Samsung Next, and existing shareholders.
Cellwize said that it plans to use the new capital to expand its global footprint and move into adjacent markets like private LTE/5G networks. It also wants to enhance CHIME’s features and capabilities to align with its existing customer base.
Overall, the vision is to accelerate 5G in a way that is open and disaggregated.
“This is a clear reflection of the trust [the investors] have in Cellwize and in the cutting-edge capabilities of CHIME for enabling the 5G revolution,” Cellwize CEO Ofir Zemer said in a statement. “This investment also serves as an additional testament to the great value our solution brings to operators in the age of 5G, and to the evolution of RAN from being just a broadband solution for consumers to being a part of the very fabric of modern enterprises, as well as in how it addresses some of the most critical challenges operators are facing today.”
According to Cellwize, CHIME has gained significant market traction throughout the past year. The company says it has already had a heavy hand in global tier-1 carriers rolling out 5G.
No matter how complex the network environment, CHIME aims to help operators connect to any application or vendor.
The platform has an open architecture and open API layer, and leverages AI and machine learning for zero-touch 5G deployments. It can also automate 2G/3G/4G/5G network optimization and deliver mobile network assurance, according to Cellwize.
The investors of the Series B round see Cellwize as contributing to the future of 5G.
David Flanagan, vice president and senior managing director at Intel Capital, says the firm decided to make its investment because Cellwize has the opportunity to help operators transform their networks, while accelerating the 5G revolution.
“As a leader in RAN automation and orchestration, Cellwize plays an important role in 5G deployment,” Merav Weinryb, the senior director of Qualcomm Israel Ltd. and managing director of Qualcomm Ventures Israel and Europe, said in a statement. “We are excited to support Cellwize through the Qualcomm Ventures’ 5G global ecosystem fund as they scale and expedite 5G adoption worldwide.”
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