Cellwize, a Singapore-based provider of mobile network automation and orchestration solutions, received an equity investment from Deutsche Telekom Capital Partners.
The amount of the deal was not disclosed.
The company intends to use the funds for the expansion of its global footprint and to continue the support of 5G network rollouts.
Led by Ofir Zemer, CEO, Cellwize develops innovative mobile network automation and orchestration solutions that provide mobile network operators and digital enterprises with the ability to deliver continuous digital services across wireless technologies. The company’s solutions aim to transform rigid, pre-set networks into adaptive, user-centric and responsive instruments that continuously match capacity, optimize coverage to provide an improved personalized user experience.
Cellwize solutions are enabling the 5G journey for customers across North America, Latin America, Europe and APAC.
The investment in Cellwize is made from DTCP’s Special Situations Fund which focuses on investments in cloud, internet, network infrastructure & services and software companies alongside strong financial and strategic co-investors.
FinSMEs
06/12/2018