• DTCP adds another undisclosed sum to its investment in network automation specialist Cellwize.
  • $32m total funding in the Seriesround.

DTCP tops up Cellwize investment

DTCP tops up Cellwize investment

Source: Noah Buscher / Unsplash

Deutsche Telekom Capital Partners (DTCP) joined investors in a $32m (€27m) Series‑B funding round for mobile network automation specialist Cellwize.

The round was led by the venture capital arms of Intel and Qualcomm, with participation from Samsung and Verizon Communications’ investment units, alongside existing shareholders including GreenApple Tech, Sonae IM, Vintage Investment Partners, Viola, and VMware.

Cellwize, which is based in Israel with offices in Singapore and the USA, said the funds will be used to “penetrate adjacent markets”, including 5G and LTE networks, while improving the capabilities of its CHIME network automation platform. Chief Executive (CEO) Ofir Zemer flagged the solution provider’s propensity for “open and disaggregated” 5G acceleration, a value apparently supported by the participating venture capitalists.

Fund II apparently tapped

DTCP first invested an undisclosed sum in Cellwize during 2019 via its FundII (Deutsche Telekomwatch, #79). Then, the investment was seen as an opportunity to tap Cellwize’s network orchestration solutions ahead of upcoming 5G deployments. Vicente Vento, DTCP CEO, is on the Cellwize Board.

Company (initial investment)Focus

Known Fund II investments to November 2020

Note: DTCP does not always state which fund, FundI or FundII, is involved in its investments.
SourcesDeutsche Telekomwatch; DTCP

Aircall (May 2020)

US‑based contact centre‑as-a‑service provider.

Cellwize (May 2019)

Israel‑based network automation and orchestration specialist.

Dynamic Signal (July 2018)

US‑based employee communications and engagement software provider.

Epsagon (July 2020)

Israeli‑founded microservices monitoring startup for multi‑cloud environment.

Fastly (July 2018)

US‑based edge computing service specialist.

Guardicore (May 2019)

Israel‑headquartered data centre and cloud security provider.

Pipedrive (October 2018)

US‑based customer relationship management solution specialist.