Accelleran

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.