Qualcomm Ventures has introduced new investments in 4 corporations to assist advance innovation and speed up 5G adoption inside the ecosystem.
The investments had been made via Qualcomm Ventures’ 5G Ecosystem Fund.
The businesses embrace Celona, an enterprise networking platform supplier that brings 5G to enterprises; Cellwize Wi-fi Applied sciences, a world enabler in cellular community automation and orchestration; Azion, a supplier of edge computing platform options; and Pensando Methods, an organization which makes a speciality of enterprise and cloud computing.
Qualcomm Ventures mentioned it has already invested over $170 million within the international 5G ecosystem to assist 5G innovation and drive 5G adoption.
“Qualcomm is main the world to 5G and creating a strong ecosystem of applied sciences that can usher within the new period of connectivity. We’re dedicated to supporting corporations with the imaginative and prescient to comprehend 5G’s potential influence on the cellular ecosystem, and its capability to reshape industries fully.” mentioned Quinn Li, SVP, Qualcomm Applied sciences and international head of Qualcomm Ventures. “We’re thrilled to assist Celona, Cellwize, Azion and Pensando Methods to scale their companies and speed up 5G deployment and adoption.”
Qualcomm Ventures additionally has been investing in corporations together with Affirmed Networks, Altiostar Networks, Airspan Networks, Beijing Baicells Applied sciences, Jio Platforms Restricted, amongst others.
Together with capital investments, Qualcomm Ventures gives entrepreneurs entry to Qualcomm Applied sciences experience and networks.
“As 5G continues to evolve, networks are shifting to a extra open and virtualized mannequin, and that’s true for personal networks too. Along with being extra versatile and open, automation and edge computing will probably be key options to seamlessly handle future 5G networks and assist low latency functions. Qualcomm Applied sciences, via our 5G RAN platforms, is devoted to assist this shift and allow new and progressive 5G community deployments,” mentioned Durga Malladi, SVP and GM, 4G/5G, Qualcomm Applied sciences. “As part of this initiative, we’re happy to be working with corporations comparable to Celona, Cellwize, Azion and Pensando Methods on this evolution of enterprise networks, and we’re desperate to collaborate with different corporations to remodel industries and use circumstances with 5G applied sciences.”
“Celona is happy to work with Qualcomm Applied sciences as we push the boundaries of wi-fi connectivity within the enterprise,” mentioned Rajeev Shah, CEO and co-founder at Celona. “With personal 5G, all the business must rethink enterprise wi-fi networks from product architectures to go-to-market fashions. We’re wanting ahead to connecting with Qualcomm Applied sciences’ huge ecosystem of know-how companions to steer the business in enabling 5G connectivity within the enterprise.”
“Qualcomm Applied sciences is an business chief in spearheading the analysis and improvement of applied sciences which can be making the 5G linked world a business actuality” mentioned Ofir Zemer, CEO of Cellwize. “We’re very excited to be working collectively on this necessary and impactful mission, and to collaborate on accelerating 5G.”
Qualcomm Ventures has invested a complete of $1.5 billion in tech startups for the reason that group began in 2000.