The company Kenmei Technologiesspecialising in mobile network intelligence and automation, has raised €1m to accelerate the development of its product.
Located in the Tactica Business Park and founded by experts in telecommunications and software, Kenmei Technologies is focused on telecommunications and provides mobile network data analysis using artificial intelligence algorithms.The new network operations will enable mobile operators to automate part of their network operations.
It has recently closed a financing round of 1M€ which will enable the company to accelerate its product development and innovation capabilities to fully integrate new 5G technology into the solution and evolve existing use cases in 4G networks.
Kenmei Technologies offers a network intelligence and automation solution called ADELE, (Learning and Autonomous Decisions), which allows mobile operators' network equipment to automate routine tasks by applying artificial intelligence algorithms on top of an big data.
Adele, además, ha sido seleccionada por la revista Analytics Insight como una de las diez mejores soluciones de automatización en el presente 2019.
This capital also provides the Valencian company with additional resources to expand rapidly and strategically into new international markets.
INVESTORS
The round was backed by venture capital firms GoHub Venturesthe investment vehicle of Global Omniumwhich is present on three continents and serves more than 7 million customers, and R2 Seed Investmentsa venture capital firm based in Spain, which has been operating in Spain for the past five years.e usually investing in innovative start-ups in the early stages.
OTHER SIMILAR ROUNDS IN THE KENMEI TECHNOLOGIES SECTOR
DATUMIZE
Datumize es una a developer of innovative Smart Data products and solutionswhich has recently closed a round of funding of 1.8M€ led by the Spanish Venture Capital fund Alma Mundi Venturesand in which it has also incorporated its first international investor, namely the Luxembourg-based company SGH Capital.
Esta ampliación de capital permite a la firma expandir su gama de productos y explorar nuevos sectores y mercados donde añadir valor.
MR JEFF
The Spanish startup Mr Jeff has raised in a round of funding of 10.4M€, Series A, led by All Iron Ventures.
The objectives of this capital increase are to consolidate existing markets, expand into new markets and expand into new markets. new markets and increase equipment incorporating international talent.