Sensorz, a provider of AI-based Wireless observability platform, secured a $4.7M seed round led by AnD ventures and Singtel Innov8 to expedite delivery of network assurance, security and performance at the RF and protocol layers to organizations that rely on private wireless networks for providing business-critical applications, the company announced this week.
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"We are excited to have notable investors working with us to expedite the development and delivery of this unique platform for a rapidly growing global industry," Meir Friedland, co-founder and CEO of Sensorz, said. "We believe the wireless private network market is just starting and our experienced team is set to execute our go-to-market strategy successfully."
According to Sensorz, the private 4G/5G networks are used by companies to achieve high quality, low latency, and reliable wireless infrastructure for their connectivity and mobility-related applications. Investing in these networks is considerable and time-consuming, and every performance degradation or shutdown may have a significant business impact. This is why persistent monitoring, real-time insights, and machine-aided forensics are critical for such deployments.
Among the companies that currently adopt private 4G/5G networks are manufacturing facilities (industry 4.0), logistics centers, seaports, airports, railways, mining, healthcare, and venues.
