Accelleran

Accelleran

Provides Open and Containerised RAN Software solutions that support an economically viable alternative to the traditional mobile telecom approach.

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DateInvestorsAmountRound
-investor investor investor

€0.0

round
investor investor

€0.0

round
*

€6.8m

Series B
Total Funding000k

Financials

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues0000000000000000000000000000
EBITDA0000000000000000000000000000
Profit0000000000000000000000000000
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article

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More about Accelleran
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Accelleran, founded in 2013 by a team of industry veterans including Trevor Moore and Jeff Land, operates from Antwerp, Belgium, positioning itself as a key player in the Open Radio Access Network (Open RAN) space. The company's genesis traces back to Trevor Moore's garage in Geel, Belgium, with a vision to apply cloud-based virtualization to mobile telecommunications. This foundation by experts with extensive backgrounds in wireless technology and small cells has shaped Accelleran's trajectory.

The firm specializes in providing cloud-native 4G and 5G software solutions for private networks, mobile network operators, and system integrators. Its business model centers on offering ready-to-use, containerized RAN software that enables a disaggregated, multi-vendor ecosystem, which provides flexibility and an economically viable alternative to traditional, single-vendor network approaches. This software-centric model allows clients, ranging from manufacturing and healthcare to logistics and smart cities, to deploy their own private cellular networks with the ease of setting up a WiFi system.

Accelleran's flagship product is the dRAX™ platform, which includes cloud-native software components for building and managing Open RAN networks. A critical component of this platform is the RAN Intelligent Controller (RIC), launched in 2019. The RIC serves as a platform for specialized applications, known as xApps and rApps, which enhance network intelligence and automation. xApps handle near-real-time control functions (10ms to 1s) like load balancing and interference management, while rApps manage non-real-time tasks such as network optimization and energy saving. By providing an SDK for its RIC, Accelleran empowers third parties to develop their own applications, fostering an open environment for network management.

Financially, Accelleran has secured significant backing to fuel its growth, raising a total of $11.6 million over 12 funding rounds. Key milestones include a Series A round in 2016 and a substantial Series B round of approximately $8.18 million in May 2021, led by investors like Cogito Capital Partners, with participation from Qbic Fund, Capital-E, and Ark Angels Activator Fund (AAAF). These investments are aimed at expanding the company's go-to-market partnerships, particularly in the US and European markets.

Keywords: Private 5G, Open RAN, RAN Intelligent Controller, RIC, xApps, rApps, 4G/5G solutions, cloud-native RAN, network virtualization, disaggregated RAN, dRAX platform, private networks, mobile network operators, system integrators, O-RAN Alliance, RAN software, cellular networks, telecommunications software, near-real-time RIC, small cells, network optimization

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