Qualcomm Ventures invests in four 5G startups –
Summary
The overall goal here is obviously to help jumpstart 5G use cases in the enterprise and — by extension — for consumers by investing in a wide range of companies that can build the necessary infrastructure to enable these. “We invest globally in the wireless mobile ecosystem, with a goal of expanding our base of customers and partners — and one of the areas we’re particularly excited about is the area of 5G,” Quinn Li, a senior VP at Qualcomm and the global head of Qualcomm Ventures, told me. “They built this platform with a cloud-based controller that leverages the available spectrum — CBRS — to be able to take the cellular technology, whether it’s LTE or 5G, into enterprises,” Li explained. One of the main investment theses for this fund, Li told me, is that wireless technology will become increasingly software-defined, and Cellwize fits right into this trend. Some of the more successful companies the firm has invested in include unicorns like Zoom, Cloudflare, Xiaomi, Cruise Automation and Fitbit.