WaveIP
Broadband Wireless Networks
Company Overview
Snapshot
Founded in January 2000 by Eli Avivi, WaveIP operates with 1–10 employees. The company raised $5 million across one funding round from two investors. In May 2021, WaveIP was acquired by Telrad Networks.
Business overview
WaveIP specializes in developing point-to-point and point-to-multipoint broadband wireless solutions operating in the sub-11 GHz spectrum. Its core technology provides high-capacity throughput, embedded IP networking capabilities, software-configurable functionality, and fiber-class performance. The company's WipAir series, which incorporates interference-handling technologies, delivers reliability, capacity, latency, and RF robustness. WaveIP's solutions are designed for IP and cellular backhauls, video surveillance and security networks, enterprise and municipality networks, and business-grade broadband access services, serving the Industrial Technologies sector.
Strategic signal
In May 2021, Telrad Networks acquired WaveIP's business operations and its WipAir portfolio. This acquisition signifies a strategic consolidation within the broadband wireless solutions market, indicating Telrad Networks' intent to enhance its offerings with WaveIP's specialized point-to-point and point-to-multipoint technologies. For investors, this signals a successful exit for WaveIP and a strengthening of Telrad Networks' competitive position in providing robust wireless communication infrastructure.
Company Intelligence Q&A
- When was WaveIP founded?
- WaveIP was founded in January 2000 by Eli Avivi.
- What was a significant corporate milestone for WaveIP?
- In May 2021, WaveIP was acquired by Telrad Networks, including its business operations and the WipAir portfolio.
- How much capital did WaveIP raise?
- WaveIP raised a total of $5 million in November 2000 from Verticality Investment Group and Sunrise Capital Partners.
- Which investors participated in WaveIP's funding round?
- In November 2000, WaveIP received funding from Verticality Investment Group and Sunrise Capital Partners.
- What products does WaveIP offer?
- WaveIP offers products such as WipAir Management, WipAir 800, Smart Indoor Unit, and WipAir Ace, which are part of its broadband wireless solutions.