Exband Networks

Company Overview

Snapshot

Founded in May 2016 by Ofir Gilat, Exband Networks operated with 1–10 employees. The company raised $700K across one funding round. In July 2016, Exband Networks secured seed funding from Incubit Ventures.

Business overview

Exband Networks developed technology designed to significantly increase bandwidth for cellular base station high-power transmitters. This innovation aimed to address the growing demand for bandwidth and capacity within 4G and 5G cellular networks by alleviating physical transmission bandwidth bottlenecks. The company's alpha prototype demonstrated 120MHz-bandwidth LTE transmission at 30W for new 5G macro-sites, operating within the Industrial Technologies sector.

Strategic signal

Exband Networks ceased operations in November 2020, indicating a significant strategic shift or market challenge that led to the company's closure. This event signals to investors and innovation teams the inherent risks and competitive pressures within the high-power cellular transmitter market, despite the demonstrated technical capabilities of its alpha prototype.

Company Intelligence Q&A

What is Exband Networks' primary focus?

Exband Networks focused on developing ultra-broadband transmitter technology for cellular infrastructure, aiming to increase bandwidth for cellular base station high-power transmitters.

When was Exband Networks founded?

Exband Networks was founded in May 2016.

Who founded Exband Networks?

Exband Networks was founded by Ofir Gilat.

What was the company's operational status as of November 2020?

Exband Networks ceased to operate in November 2020.

What was the last disclosed funding event for Exband Networks?

In July 2016, Exband Networks secured seed funding from Incubit Ventures, raising $700K.