Startup Celeno closes investment round to drive disruptive Wi-Fi technology

Startup Celeno closes investment round to drive disruptive Wi-Fi technology

Business news |
By Jean-Pierre Joosting

Additional new investors are Poalim Capital Markets, the investment arm of Bank HaPoalim, the largest financial banking group in Israel, and OurCrowd. Existing investors including Liberty Global, Cisco, Pitango, 83North (formerly Greylock IL), Vintage and Miven also participated in the round.

According to Gilad Rozen, Celeno founder and CEO, Celeno address many current problems with Wi-Fi technology such as speed, coverage and interference at the physical layer, as well as multi-access point (AP) co-ordination and QoS at the upper layers. Celeno Wi-Fi address these issues using both silicon and software virtualization to create smart adaptive Wi-Fi networks for the home market.

Gilad describes the company’s approach, “Celeno is able to take the technology found in enterprise systems, put them into a chip, and sell into mass end markets such as the home market. Working primarily through the service provider channel, Celeno silicon, known as Quicksilver, and software is designed into home gateways, home routers and set-top boxes, to help service provides alleviate QoE (Quality of Experience), Opex and customer churn issues.”

Quicksilver 4×4 802.11ac Wave 2 standards-based silicon includes value added features such the Argus in-chip dedicated RF circuitry and DSP-based engine for spectrum scanning and analysis, ControlAIR™ multi-AP management software, and Smart Antenna Steering technology.

The antenna steering technology delivers the optimum Access Point coverage by dynamically selecting 4 out of an up to 16 antenna array – enhancing immunity to device orientation, polarization and mobility, as well as maximising system performance across multiple rooms and floors.

ControlAIR™ multi-AP management software boosts capacity, coverage and speed of Wi-Fi when adding smart access points, repeaters or extenders in the home. It addresses the key issues of QoS and multi-access acess point co-ordination – providing an intelligent network in the house that delivers load balancing and hand-over between access points.

Gilad points out that, “Celeno smart Wi-Fi eliminates the so called ‘sticky client’ problem that is common in today’s home Wi-Fi networks and enables data to be allocated to devices according to their needs, which may include data streams to TV set-top box, OTT, file download to a game console or even a hotspot for street users, without one stream dominating the Wi-Fi network.”

Celeno continues to gain market traction with tens of millions of its Wi-Fi chipsets being deployed by top tier service providers in home gateways, routers and set top boxes designed by leading global OEMs.

Zvika Naggan, Managing Partner at Red Dot has joined Celeno’s Board of Directors. Mr Naggan notes that, “Celeno has made the crucial transition from an innovative, disruptive start-up to a global player alongside some of the Wi-Fi semiconductor industry’s largest players and the solution of choice for many of the most important global service providers.”

“With this significant new investment round, combined with the calibre of investors backing us, we are able to continue executing our strategy, building a world class global company that will bring value to investors and shape the industry as a market leader,” says Gilad Rozen.  “With this new round we have taken Celeno to the next level and are able to further accelerate our growth and expansion in the market as well as focus on enhancing R&D efforts and further developing our disruptive solutions.”

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