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Wireless - Thursday, April 28, 2005

Celerica - Profile

HQ: Tel Aviv, Israel

Founded: 2000

Management: Pini Sabach is CEO - but that's all we know because Celerica has a lame website.

Investors: Recent funding of $8M from Pitango VC, Charles River Ventures, Star Ventures and Platinum Ventures, all of whom are existing investors. This brings the total invested to $28M.

Business Model: Celerica makes products that allow mobile network operators to get more capacity out of their networks. The Company specializes in extending RF coverage and optimizing network capacity distribution of mobile communications in urban, suburban and rural areas, using optical wireless, fiber optics and microwave technologies. The products are aimed at applications where traditional RF solutions are coming up short because of interference or signal deterioration problems.

Competitors: Raytheon, Lucent, Nortel.

Dirt: It's not a stretch to say that wireless networks face increasing demands on their spectrum and infrastructure resources. According to one industry trade group: "Increased minutes of use, capacity-intensive data applications and the steady growth of worldwide wireless subscribers mean carriers will have to find effective ways to accommodate increased wireless traffic in their networks." Well, looks like Celerica has a market.