Parallel Wireless

Telecommunications Services

Active
United States Founded 2012
Total raised
Stage
Founded
2012
Headcount
176
HQ
United States
Sector

About

Parallel Wireless was founded in 2012 and in recent years has become a leader in Open RAN wireless networks with the most Open RAN deployments across the globe. Parallel Wirelesss ALL G (2G, 3G, 4G, 5G) O-RAN compliant software platform has been deployed with global Mobile Network Operators from across six continents and forms an open, secure, and intelligent RAN architecture to deliver wireless connectivity. The following are highlights of the Israeli center: New state-of-the-art 5G labs and testing capabilities in the Atir Yeda in Kfar Saba Israel. This team was formed in 2018 and is currently hiring for 4G and 5G - engineering, cloud-native software development and testing. Parallel Wireless recently joined the Israeli 5G WIN Technology consortium in Israel, focused on important advancements based on Artificial Intelligence 5G telecommunications technologies. Leading automation development in Open RAN networks, utilizing tools such as Artificial Intelligence (AI) and Machine Learning (ML) to provide intelligent management and operations of the wireless network.

Company Intelligence Q&A

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When was Parallel Wireless founded?
Parallel Wireless was founded in 2012.
When did Parallel Wireless establish its presence in Israel?
Parallel Wireless established its presence in Israel in March 2018.
What significant operational development occurred in Parallel Wireless's Israeli center in May 2021?
In May 2021, Parallel Wireless leased approximately 3,000 square meters at the O-TECH complex in Kfar Saba, Israel.
What was the hiring status of Parallel Wireless's Israeli development center in January 2022?
In January 2022, Parallel Wireless was recruiting around 100 employees to expand its Israeli development center.
What significant staffing change occurred at Parallel Wireless in Israel in June 2022?
In June 2022, Parallel Wireless planned to lay off a quarter of its employees in Israel.
What partnership did Parallel Wireless initiate in April 2023?
In April 2023, Parallel Wireless kicked off a 5G Standalone pilot in Israel with Cellcom.
What consortium did Parallel Wireless recently join in Israel?
Parallel Wireless recently joined the Israeli 5G WIN Technology consortium, which focuses on advancements in AI-based 5G telecommunications technologies.
What is the approximate current global employee count for Parallel Wireless?
Parallel Wireless has an approximate global employee count of 501-1,000, with an exact count of 760 employees worldwide.

Tags

rf-technologytelecommunicationnetwork-security5g-networkswireless-communication