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Luminate Wireless
Luminate Wireless is building the next generation distributed mobile network in the cloud
About Luminate Wireless
Luminate Wireless, Inc. operated as a developer of a cloud-based, distributed mobile network system targeting enterprise customers. Founded in 2013 by Murari Srinivasan and Kevin Yu, the Cupertino-based company aimed to simplify mobile network access and service delivery. Both founders brought experience from Google, with Srinivasan also having been a software engineer for the SpiderCloud E-RAN solution. The firm's stated mission was to make adding capacity for mobile services as straightforward as Wi-Fi deployment by utilizing existing Ethernet and IP backhaul.
The company's core technology centered on an Infrastructure-as-a-Service (IaaS) platform. This platform featured the Luminate Mobile Cloud Controller, a distributed system that virtualized mobile network elements, and the Enterprise Access Point, a services-ready 4G LTE access point activated via the cloud for rapid deployment. The system was designed to move key management, control, and data-plane functions to a centralized virtualized entity, which could be implemented as a private or public cloud. This approach intended to provide consistent LTE coverage, simplify mobile network access, and enable new revenue opportunities for mobile operators by increasing network capacity. The business model focused on providing these flexible mobile networks with web-scale computing to enterprise clients.
Luminate Wireless secured significant financial backing from a consortium of prominent venture capital firms. Over two funding rounds, the company raised a total of $48 million. Its first known round was a Series A in November 2013, which raised $12.3M. A second round occurred in February 2016. The investor pool included Sequoia Capital, New Enterprise Associates (NEA), Google Ventures, Qualcomm Ventures, Northgate Capital, Hewlett Packard Pathfinder, and Correlation Ventures. In May 2016, the company underwent a leadership change, with co-founder Kevin Yu taking over the CEO role from Murari Srinivasan, who transitioned to an advisory position. The company is no longer active, having ceased operations around August 2019.
Source: Dealroom company dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VCOther financing | Feb 2024 | $36M | $142M | Qualcomm Ventures · GV · Sequoia · NEA | — |
| SERIES AOther financing | Jul 2015 | $25M | $98M | Northgate Capital | — |
Growth signals
Luminate Wireless's team grew 0% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Series A7 investors entered at this stage
Northgate Capital
NEA
Qualcomm Ventures
GV
Correlation Ventures- HPHewlett Packard
Hewlett Packard Pathfinder
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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