DTCP Invests in Network Automation and Orchestration Provider Cellwize
The funding will support Cellwize’s market presence in Europe, the US and Asia-Pacific as well as further development of its 5G and artificial intelligence capabilities.
Hamburg, Germany, 5 December 2018 – DTCP today announced that it has invested in Cellwize, a network automation and orchestration provider. The company is positioned as a leading fully automated, independent and vendor-agnostic provider within this space. The funding will support Cellwize’s market presence in Europe, the US and Asia-Pacific as well as further development of its 5G and artificial intelligence capabilities. Its cutting-edge software automates configuration, management and optimization of networks and devices, such as autonomous vehicles, for mobile network operators (MNOs).
“Cellwize has consistently been recognized for its high-quality technology and service reliability by a long list of MNOs. Given the increase in network density and complexity, driven by the adoption of 5G, Cellwize is ideally positioned to help its customers automate and orchestrate their next generation network experience,” said Vicente Vento, CEO and Co-Founder of DTCP. “Our investment decision is strongly based on the company’s superior technology.”
As MNOs prepare to roll out next generation networks, with competitive pressures and increasing multi-layered complexity driving OPEX up, advanced network automation is paramount. Cellwize has evolved its proven technology into a fully open and modular architecture that orchestrates ‘zero-touch’ closed-loop functionalities and incorporates machine learning and artificial intelligence capabilities.
“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. 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,” said Ofir Zemer, CEO of Cellwize. “Mobile operators will focus on transforming existing operations, by streamlining and automating processes, to build the foundation for autonomous operations.”
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.
DTCP is an investment management group with c. $1.6 billion assets under management and advisory from Deutsche Telekom and other institutional investors, and a portfolio of over 60 companies. The group provides venture and growth capital, special situation investments, and advisory services to the technology, media and telecommunication sectors. It operates and invests in Europe, the US and Israel. To learn more about DTCP, visit www.telekom-capital.com or @TelekomCapital on Twitter.
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. Advanced solutions from Cellwize transform rigid, pre-set networks into adaptive, user-centric and responsive “organisms” that continuously match capacity, optimize coverage and provide a superior personalized user experience. Cellwize solutions are enabling the 5G journey for customers across North America, Latin America, Europe and APAC.