Cohere Technologies
Has developed a software solution which dramatically improves 4G and 5G networks that helps mobile operators take full advantage of Massive MIMO and Cloud economics.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| investor investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
* | N/A | Late VC | |
| Total Funding | 000k | ||
| USD | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 243 % | 133 % | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Cohere Technologies, established in 2011 by founders Ronny Hadani and Shlomo Rakib, is a telecommunications firm focused on enhancing wireless connectivity. Hadani, with a Ph.D. in mathematics from Tel Aviv University and a background as a Gibbs Assistant Professor in Mathematics at Yale University, brought deep theoretical expertise to the company. Rakib, a serial entrepreneur with over 150 patents and experience co-founding companies like Terayon, provided extensive industry and engineering knowledge. Their collaboration was aimed at addressing fundamental challenges in wireless communication, particularly signal fading in mobile environments.
The company's primary offering is its Universal Spectrum Multiplier (USM) software, designed for integration into both existing 4G/5G networks and the emerging Open Radio Access Network (O-RAN) architecture. This software aims to double the spectral efficiency of cellular networks, effectively increasing the capacity and performance of mobile communications without requiring new hardware. The technology works by creating a stable, predictable model of the wireless channel, which allows for improved signal reception and throughput, especially for users on the move. For Mobile Network Operators (MNOs), this translates to better service quality for their subscribers and a more efficient use of their valuable spectrum assets. The business model centers on licensing this software to network operators and equipment vendors.
Beyond its current 4G and 5G solutions, Cohere Technologies is actively developing the Orthogonal Time Frequency Space (OTFS) modulation scheme, positioning it as a foundational technology for future 6G wireless systems. OTFS represents a significant shift from the current OFDM modulation, as it is designed to work optimally in high-mobility environments, a key challenge for next-generation applications like vehicle-to-everything (V2X) communication. The company holds a substantial portfolio of over 100 patents related to OTFS. Having secured significant funding from investors such as Bell Canada, Intel Capital, and Lightspeed Venture Partners, Cohere Technologies is focused on commercializing its USM software while pioneering the development of 6G standards.
Keywords: wireless communication, spectrum efficiency, Open RAN, 4G, 5G, 6G, OTFS, mobile networks, telecommunications software, spectral efficiency