Cellwize Wireless Technologies Inc. (Cellwize), a mobile network automation and orchestration company, has raised $32 million in a Series B funding round led led by Intel Capital and Qualcomm Ventures, with participation from Verizon Ventures, Samsung Next, and existing shareholders, the company announced Monday.
Cellwize will use the funds raised to expand its global footprint, penetrate adjacent markets, such as private LTE/5G networks, and to enhance the features and capabilities of its CHIME RAN automation platform and its value proposition for the existing customer base – including in its artificial intelligence and machine learning capabilities.
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CHIME enables operators to accelerate their 5G deployment by automating key business processes in the RAN domain.
