Siklu Communications

Company Overview

Snapshot

Founded in January 2007 by Izik Kirshenbaum, Yossi Kofman, Yigal Leiba, Elad Dayan, and Baruch Schwartz, Siklu Communications operates with 51–200 employees. The company raised a total of $49 million across 4 funding rounds from 10 investors. In October 2023, Siklu Communications was acquired by Ceragon Networks.

Business overview

Siklu Communications provides multi-gigabit wireless fiber connectivity solutions for urban, suburban, and rural environments. Operating in the mmWave bands, the company's wireless technology is utilized by service providers and system integrators to deliver 5G wireless access services. Siklu's solutions, including products like MultiHaul, SmartHaul, and EtherHaul, are designed for easy installation on street fixtures or rooftops, making them suitable for smart city initiatives that require high capacity for applications such as video security, Wi-Fi backhaul, and municipal network connectivity. The company serves markets across North America, Europe, Africa, and Israel, among others, focusing on sectors like telecommunication, smart cities, and public safety.

Strategic signal

In October 2023, Ceragon Networks acquired Siklu Communications. This acquisition expands Ceragon's presence in private networks and small service providers, particularly in North America, signaling a strategic consolidation within the wireless backhaul and 5G infrastructure market. For investors, this indicates a move towards strengthening market position through M&A, leveraging Siklu's millimeter wave technology to enhance offerings in high-capacity wireless solutions.

Company Intelligence Q&A

What was the most significant corporate event for Siklu Communications recently?

In October 2023, Siklu Communications was acquired by Ceragon Networks. This acquisition aimed to expand Ceragon's presence in private networks and with small service providers in North America.

When was Siklu Communications founded and by whom?

Siklu Communications was founded in January 2007 by Izik Kirshenbaum, Yossi Kofman, Yigal Leiba, Elad Dayan, and Baruch Schwartz.

What is Siklu Communications' primary business?

Siklu Communications delivers multi-gigabit wireless fiber connectivity solutions for urban, suburban, and rural areas, utilizing mmWave bands for 5G wireless access services and smart city projects.

Which investors participated in Siklu Communications' B Round funding?

In October 2011, Siklu Communications received funding from DFJ Tamir Fishman Ventures and Qualcomm Ventures, among others.

What was a notable partnership for Siklu Communications in early 2022?

In January 2022, Siklu Communications announced an agreement with Signify to integrate gigabit-speed wireless connectivity into lighting infrastructure, focusing on smart streetlights.