# Cellwize Wireless Technologies Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cellwize-wireless-technologies-pte

- Industry: Software
- Headquarters: Southlake, US
- Website: www.cellwize.com
- Total disclosed funding: $44M
- Latest round: Series B (Nov 9, 2020)
- Investors on record: 9

## About

Cellwize Wireless Technologies Pte. Ltd. specializes in providing innovative automation and orchestration solutions for mobile network operators (MNOs), enhancing the deployment and management of 5G networks globally.Cellwize Wireless Technologies Pte. Ltd. was founded in 2013 in Southlake, US, focusing on the automation of network management for telecommunications providers. The company was acquired by Qualcomm Technologies, Inc. in June 2022 for USD 350 mn. Ofir Zemer, the former CEO, transitioned to the role of Vice President, Product Management at Qualcomm. The firm has successfully executed a total of 7 deals, with the most recent deal occurring in June 2022.Cellwize's primary offering is the CHIME platform, an Open RAN-ready, AI-driven automation and orchestration solution designed to streamline the deployment and management of 5G networks. The platform enables mobile network operators (MNOs) to efficiently manage diverse RAN vendor data through open APIs, facilitating the integration of traditional and virtualized RAN technologies. Key functionalities include adaptive RAN configuration, network visualization, automated site deployment, ongoing network optimization, and the development of custom applications using open APIs. The CHIME platform is utilized in various geographical markets, including North America, Europe, and Asia-Pacific, enhancing the operational efficiency of telecommunications providers' network infrastructures.Cellwize generates revenue primarily through a subscription-based model for its CHIME platform, which encompasses components such as CHIME Designer, CHIME Operator, and CHIME Deployer. In 2018, the firm reported revenue of USD 15.37 mn with an EBITDA of USD -1.22 mn. Clients, primarily MNOs, engage in multi-year agreements that allow access to the platform's comprehensive suite of automation tools, with a pricing structure designed for tailored solutions that address the unique demands of each client.Following its acquisition by Qualcomm Technologies, Inc., Cellwize aims to leverage its resources to enhance its product offerings and expand its market presence. Recent funding will support the development of upcoming products aimed at improving network management capabilities. The company is also targeting expansions into new geographic regions, with specific plans to enter additional markets within Europe and Asia-Pacific by 2024. The strategic direction emphasizes increasing the adoption of the CHIME platform, ensuring it meets evolving industry needs.

## Funding rounds

- Series B, Nov 9, 2020, $32M — Intel Capital, Vintage Investment Partners, DTCP, Qualcomm Ventures, Viola Group, Verizon Ventures, Samsung NEXT Ventures, Bright Pixel, GreenApple Tech
- Series C, Jul 7, 2018, $8.4M — Viola Group
- Series B, Jan 8, 2016, $3.5M — Vintage Investment Partners

## Investors

- Vintage Investment Partners (https://capitalatlas.ai/funds/vintage-investment-partners) — Series B
- Viola Group (https://capitalatlas.ai/funds/viola-group) — Series C, Series B
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series B
- DTCP — Series B
- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series B
- Verizon Ventures (https://capitalatlas.ai/funds/verizon-ventures) — Series B
- Samsung NEXT Ventures (https://capitalatlas.ai/funds/samsung-next-ventures) — Series B
- Bright Pixel (https://capitalatlas.ai/funds/bright-pixel) — Series B
- GreenApple Tech — Series B