# Siklu Communication

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/siklu-communication

- Industry: Telecoms
- Headquarters: Petah Tikva, Israel
- Website: www.siklu.com
- Total disclosed funding: $49M
- Latest round: Series D (Aug 19, 2015)
- Investors on record: 10

## About

Based in Israel, Siklu Communication Ltd. is a provider of advanced millimeter-wave communication solutions, specializing in high-capacity connectivity for urban environments through innovative point-to-point and point-to-multipoint systems.Siklu Communication Ltd. operates in the millimeter-wave (mmW) communication sector, having been founded in 2008 in Petah Tikva, Israel. The company was recently involved in a strategic acquisition by Ceragon Networks Ltd. in October 2023, enhancing its operational capabilities. Yossi Kofman is the founder, while Itzik Bassat and Ronen Ben-Hamou currently serve as CEOs. The company has successfully completed 5 funding deals, with the latest being a Series D round of USD 18.00 mn in October 2023, backed by investors including Amiti Ventures and Qualcomm Ventures. The total amount raised by Siklu is USD 18.00 mn.Siklu by Ceragon specializes in millimeter-wave (mmW) communication solutions, offering a product portfolio that includes 60GHz (V Band) and 70/80GHz (E Band) systems. These products cater to various configurations such as point-to-point (PTP) and point-to-multipoint (PtMP). The flagship Hundred Series is designed for urban environments, while the Kilo Series provides high-capacity connectivity ranging from 1Gbps to 10Gbps, typically deployed on rooftops or towers. Siklu's offerings serve diverse sectors including telecommunications, public safety, government, and enterprise markets with substantial deployments in North America, Europe, and parts of Asia.Siklu by Ceragon generates revenue through the sale of its mmW communication products and related services. Utilizing a direct-to-business model, the company partners with telecommunications providers, government entities, and enterprises to supply comprehensive communication solutions. Revenue transactions generally consist of hardware sales, often supplemented by customized software applications for network management. The pricing structure accommodates various deployment needs, including subscription-based services for software management alongside one-time hardware purchases, designed for a range of clients from small businesses to large telecom operators.The acquisition by Ceragon Networks Ltd. aims to bolster both companies' foothold in North America, particularly targeting private networks and small service providers. Siklu's strategy includes the design and launch of new products in the millimeter-wave space to enhance service offerings. The recent funding from the Series D round will be utilized to support these initiatives and facilitate expansion into new geographic regions, with a focus on increasing market presence in North America by leveraging Ceragon's established infrastructure.

## Funding rounds

- Series D, Aug 19, 2015, $18M — Evergreen Partners, DFJ Tamir Fishman Ventures, Tamares, Qualcomm Ventures, SerComm Corporation, Argonaut Ventures, Amiti Ventures
- Series C, Apr 1, 2015 — Qualcomm Ventures
- Series B, Oct 18, 2011, $19M — Evergreen Partners, Qualcomm, DFJ Tamir Fishman Ventures, Argonaut Private Capital, Amiti Ventures
- Series A, Apr 17, 2008, $12M — Evergreen Partners, DFJ Tamir Fishman Ventures, Argonaut Private Capital, Threshold Ventures

## Investors

- Evergreen Partners — Series A, Series B, Series D
- DFJ Tamir Fishman Ventures (https://capitalatlas.ai/funds/dfj-tamir-fishman-ventures) — Series A, Series B, Series D
- Argonaut Private Capital — Series A, Series B
- Threshold Ventures (https://capitalatlas.ai/funds/threshold-ventures) — Series A
- Qualcomm — Series B
- Amiti Ventures (https://capitalatlas.ai/funds/amiti-ventures) — Series B, Series D
- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series C, Series D
- Tamares (https://capitalatlas.ai/funds/tamares) — Series D
- SerComm Corporation — Series D
- Argonaut Ventures (https://capitalatlas.ai/funds/argonaut-ventures) — Series D