In an effort to support the growth of 5G, Cellwize announced a series B round of funding from Deutsche Telekom Capital Partners (DTCP).
Singapore-based Cellwize didn't disclose how much was raised in its latest round of funding, but DTCP is an investment management group with some $1.6 billion in assets under the management and advisory of Deutsche Telekom and other institutional investors.
Cellwize develops mobile network automation and orchestration solutions that provide mobile network operators and digital enterprises with the ability to deliver continuous digital services across wireless networks while also lowering opex.
The company's "zero touch" closed-loop self-organizing network (SON) solution can be used across various vendors, spectrum bands and wireless technologies. Cellwize is using artificial intelligence and machine learning technologies and Big Data analytics for its network automation solutions. Cellwize works across 2G, 3G, 4G and 5G networks.
According to Roy Bachar, Cellwize's chief customer and commercial officer, the company has over 27 deployments to date.
"Our solutions are installed in leading mobile carriers in the Americas, Europe and APAC," Bachar said in an email to FierceTelecom. "Among our customers are Bell Canada, Telefonica Germany, Vivo Brazil, Movistar in Latin America, and others."
The investment from DTCP will be used to expand Cellwize’s global footprint and to beef up the company's support of emerging 5G deployments.
“At Cellwize, we understand that the industry is on the cusp of disruptive change and entering an era of intelligent connectivity where technology will think and respond for us,” said Ofir Zemer, CEO of Cellwize, in a prepared statement. “The next phase of automation will incorporate machine learning, making the self-driving network more intelligent, maximizing cost efficiencies and improving subscriber experience, delivering in an agile methodology that corresponds to the dynamic nature of the market. Mobile operators will focus on transforming existing operations, by streamlining and automating processes, to build the foundation for autonomous operations.”
The investment in Cellwize was made from DTCP’s Special Situations Fund, which focuses on investments in cloud, internet, network infrastructure and services and software companies.