# Cohere Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cohere-technologies

- Industry: Telecoms
- Headquarters: San Jose, US
- Website: www.cohere-technologies.com
- Total disclosed funding: $99M
- Latest round: Series D (Nov 24, 2021)
- Investors on record: 9

## About

Cohere Technologies, Inc. is a US-based provider of software solutions aimed at increasing spectrum efficiency and enhancing user experience in mobile networks, specializing in optimizing 4G and 5G capabilities.Cohere Technologies, Inc. was founded in 2011 and is headquartered in San Jose, California, US. The company focuses on providing advanced software solutions for mobile network operators. Shlomo Rakib, the founder, has a background in technology development and entrepreneurship. Cohere has raised a total of USD 49.20 mn, with its latest funding round, a Series D, led by Koch Strategic Platforms on January 30, 2023. The company has completed six funding deals to date and is known for its innovative approach to mobile communications.Cohere Technologies specializes in advanced software solutions designed to enhance spectrum efficiency and user experience in mobile networks. Their flagship product, the Universal Spectrum Multiplier (USM), utilizes sophisticated Delay-Doppler channel modeling technology to optimize both 4G and 5G networks, improving performance by up to 50%. The USM functions by enabling channel detection, estimation, prediction, and precoding, which are integrated within standard-compliant frameworks, including open Cloud RAN architectures. The company primarily targets mobile network operators (MNOs) globally, including major clients such as Bell Canada and Vodafone, aiming to resolve challenges related to network capacity and subscriber experience. Their products are deployed in various geographical markets, including North America and Europe, with a focus on enhancing network capabilities within both established and emerging telecommunications infrastructures.Cohere Technologies generates revenue through strategic partnerships and collaborations with mobile network operators, primarily operating on a B2B model. Revenue is typically structured around software licensing agreements and service subscriptions, where operators pay for access to Cohere's innovative solutions, including the USM. The company may also engage in collaborative projects with industry giants like Intel and VMware, further expanding its market reach and capabilities. Specific terms of agreements generally involve ongoing support and updates for their software products, which are designed to adapt to the evolving needs of telecommunications providers. The pricing structure is tailored to the specific needs of the operators, reflecting the complexity and scale of the solutions offered.Cohere Technologies plans to utilize its recent funding to accelerate the development of its OTFS as a candidate for 6G and to scale its commercialization of the Universal Spectrum Multiplier for both 4G and 5G networks. The company aims to expand into new geographic markets, specifically targeting emerging regions that may benefit from enhanced mobile network capabilities. With the completion of the latest funding round on January 30, 2023, the company is poised to advance its strategic goals for growth and innovation in the telecommunications sector.

## Funding rounds

- Series D, Nov 24, 2021, $49M — Lightspeed Venture Partners, New Enterprise Associates, Intel Capital, Juniper Networks, Inc., VMware, Inc., Titanium Ventures, Koch Strategic Platforms
- Series C, Mar 11, 2015, $35M — Lightspeed Venture Partners, New Enterprise Associates, Macquarie Capital, AME Cloud Ventures, Titanium Ventures
- Series B, Sep 3, 2013, $14M — New Enterprise Associates

## Investors

- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series B, Series C, Series D
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series C, Series D
- Macquarie Capital — Series C
- AME Cloud Ventures (https://capitalatlas.ai/funds/ame-cloud-ventures) — Series C
- Titanium Ventures (https://capitalatlas.ai/funds/titanium-ventures) — Series C, Series D
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series D
- Juniper Networks, Inc. — Series D
- VMware, Inc. — Series D
- Koch Strategic Platforms (https://capitalatlas.ai/funds/koch-strategic-platforms) — Series D