Sonae IM closes investment in Cellwize, leading provider in network automation and orchestration
Cellwize provides network automation and orchestration solutions for global telecom carriers and connected car OEMs; Telefónica, Axiata and Bell Canada are among its esteemed global clients
Sonae Investment Management (Sonae IM), today announced that it has concluded an equity investment in Cellwize, a global leader in mobile network automation and orchestration. This funding will accelerate Cellwize’s growth and the expansion of its technology in automation and artificial intelligence, particularly towards supporting new 5G deployments.
About Sonae IM
Sonae IM has a portfolio of more than 25 technology-based international companies dedicated to the retail, cybersecurity and telecommunications sectors. SONAE IM takes an active role in supporting its portfolio companies and has already invested more than € 120 million since 2014. For more information, please visit: www.sonaeim.com
Cellwize is a leading provider of Mobile Network Automation solutions. Beginning life as a cloud-based Centralized Self-Organizing Networks (C-SON) provider, Cellwize has evolved its technology into a wider automation architecture that orchestrates ‘zero-touch’ closed-loop functionalities across a multitude of vendor and wireless technologies. Cellwize solutions are enabling the 5G journey for customers across North America, Latin America, Europe and APAC.