Celona Raises $10M Series A Funding Round to Bring AI-powered Cloud Software to Cellular Wireless

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Summary

“Celona was founded on the principle that a modern technology stack powered by cloud software can in fact make cellular wireless accessible to enterprises,” said Rajeev Shah, Celona CEO. With Celona, enterprise IT and OT teams will be able to adopt a new generation of network dependent apps and take the initial steps in getting ready for the use of 5G within their organization.” Across industries, investments into digital transformation projects are poised to accelerate with the arrival of 5G. Also leveraging today’s announcement for the initial commercial deployment (ICD) of the Citizens Broadband Radio Service (CBRS) frequency band in the United States as a catalyst, Celona will significantly simplify the adoption of cellular wireless by enterprises thanks to its end-to-end solution architecture powered by cloud software. " To enable the next-generation of edge compute and AI driven experiences in the enterprise, Celona’s unique IP lies in its ability to deliver wireless connectivity to apps that demand ultra-low latency communications and highest levels of availability. With CBRS, it is also now possible to enable dedicated clean spectrum usage within the enterprise boundaries further improving reliability metrics for wireless connectivity en route to deliver guaranteed service levels.

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Amount $10.0M Total raised
Date September 18, 2019 Announcement date
Investors Cervin Ventures, Norwest Venture Partners Lead investors
Company celona.io Funded company

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