Accelleran, a leading provider of OpenRAN solutions, secured EUR 6.8 million in Series B funding to enhance its global growth and capitalize on the burgeoning demand for 5G networks.
Information on the Target
Accelleran is a prominent provider of OpenRAN software solutions tailored for 4G and 5G networks. Headquartered in Antwerp, Belgium, the company specializes in cloud-native platforms that enable mobile operators and infrastructure providers to efficiently deploy and manage both private and public telecommunications networks. Accelleran's innovative software architecture empowers clients to harness the full potential of software-defined networks, network virtualization, and RAN intelligence.
The company's flagship product, dRAX™, comprises a suite of containerized software components that facilitate the deployment of multi-vendor and intelligent OpenRAN systems. These components are designed according to open standards, including those established by the O-RAN Alliance, ensuring reliability, affordability, and scalability in both 4G and 5G network environments.
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Industry Overview in Belgium
The telecommunications sector in Belgium has experienced significant evolution with the advent of 5G technology. The deployment of 5G networks aims to provide enhanced broadband experiences and supports critica
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Disclosed details
Transaction Size: $8M