Parallel Wireless Overview
Parallel Wireless was founded in 2012 and in recent years has become a leader in Open RAN wireless networks with the most Open RAN deployments across the globe. Parallel Wirelesss ALL G (2G, 3G, 4G, 5G) O-RAN compliant software platform has been deployed with global Mobile Network Operators from across six continents and forms an open, secure, and intelligent RAN architecture to deliver wireless connectivity. The following are highlights of the Israeli center: New state-of-the-art 5G labs and testing capabilities in the Atir Yeda in Kfar Saba Israel. This team was formed in 2018 and is currently hiring for 4G and 5G - engineering, cloud-native software development and testing. Parallel Wireless recently joined the Israeli 5G WIN Technology consortium in Israel, focused on important advancements based on Artificial Intelligence 5G telecommunications technologies. Leading automation development in Open RAN networks, utilizing tools such as Artificial Intelligence (AI) and Machine Learning (ML) to provide intelligent management and operations of the wireless network.
Latest News
Cellcom and Parallel Wireless kick off 5G Standalone pilot in Israel
growth-negative
Parallel Wireless set to lay off a quarter of its employees in Israel CTech
Parallel Wireless Israel, a subsidiary of American company Parallel Wireless, is laying off 60 employees. The company, which develops software platforms for wireless networks, halted all recruitment and began reassessing its options due to the global market situation. Parallel Wireless had plans to expand its Israel headquarters and recruit 100 more employees. The layoffs are part of the companys efforts to secure its future. The Israel center is one of the companys most significant, with recent investments of NIS 40 million ($11.5 million) in new offices in Kfar Saba.
Layoffs
growth-positive
חברת Parallel Wireless האמריקאית מגייסת כ-100 עובדים - וואלה! כסף
Parallel Wireless, Inc., an American software company that provides cloud-based Open RAN solutions for wireless networks, is expanding its Israeli development center and hiring around 100 new employees. The center develops smart and software-based infrastructure for cellular networks, based on Open RAN technology. The company is recruiting experts in cellular integration engineering, DevOps, software engineering, system and cloud specialists, data scientists, embedded programmers, and algorithmic experts, as well as non-technical personnel. Parallel Wirelesss technology allows for easy and cost-effective upgrading of cellular networks worldwide. The companys customers include leading telecommunications companies such as British Telecom, Vodafone, and Telefonica.
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growth-positive
Parallel Wireless מרחיבה את מרכז הפיתוח הישראלי - Techtime - חדשות אלקטרוניקה והייטק
American company Parallel Wireless is expanding its new development center in Kfar Saba, Israel, making the Israeli development team the leader in the companys 5G strategy. The company, which was established in 2012, began operating in Israel in 2018 with a modest development activity that gradually expanded and became a central development site for the company. The new complex currently employs about 230 employees and is in the process of expanding. The company works closely with various hardware suppliers, such as the Israeli company Silicom, which is focusing its activity today on supplying connectivity systems for open networks.
Expand
growth-positive
Parallel Wireless Expands Open RAN Research and Development Centers Across the Globe
Parallel Wireless, Inc. is expanding its footprint across the globe with Open RAN Research and Development Centers in the U.S., U.K., Israel, and India. The company has become a proven leader in Open RAN wireless networks and is doubling its global team in various departments. The expansion aims to accelerate Open RAN development and testing capabilities as Mobile Network Operators upgrade to 5G and beyond. The company is disrupting the wireless industry with its All G (2G, 3G, 4G, 5G) O-RAN compliant, Open RAN networks. The expansion includes the establishment of testing facilities, offices, and labs in different locations. Parallel Wireless solutions enable next-generation applications and the company is actively hiring talent to support its ambitious growth plans.
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Team Members
3
Employees: 51-200
Web & Social Links
| Website | www.parallelwireless.com/ |
Locations
Atir Yeda Street 1, Kefar Sava, Israel
Photos & Videos
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Parallel Wireless Business
Business models
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Product stage
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Employees
51-200
Sector
—Target Customer
—Core Technology
—Tags (5)
rf-technologytelecommunicationnetwork-security5g-networkswireless-communicationParallel Wireless Financials
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Total funding
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Capital raised
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Last funding
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Investors
Parallel Wireless Lifecycle
Parallel Wireless News
6 articlesCellcom and Parallel Wireless kick off 5G Standalone pilot in Israel
growth-negative
Parallel Wireless set to lay off a quarter of its employees in Israel CTech
Parallel Wireless Israel, a subsidiary of American company Parallel Wireless, is laying off 60 employees. The company, which develops software platforms for wireless networks, halted all recruitment and began reassessing its options due to the global market situation. Parallel Wireless had plans to expand its Israel headquarters and recruit 100 more employees. The layoffs are part of the companys efforts to secure its future. The Israel center is one of the companys most significant, with recent investments of NIS 40 million ($11.5 million) in new offices in Kfar Saba.
Layoffs
growth-positive
חברת Parallel Wireless האמריקאית מגייסת כ-100 עובדים - וואלה! כסף
Parallel Wireless, Inc., an American software company that provides cloud-based Open RAN solutions for wireless networks, is expanding its Israeli development center and hiring around 100 new employees. The center develops smart and software-based infrastructure for cellular networks, based on Open RAN technology. The company is recruiting experts in cellular integration engineering, DevOps, software engineering, system and cloud specialists, data scientists, embedded programmers, and algorithmic experts, as well as non-technical personnel. Parallel Wirelesss technology allows for easy and cost-effective upgrading of cellular networks worldwide. The companys customers include leading telecommunications companies such as British Telecom, Vodafone, and Telefonica.
Expand
growth-positive
Parallel Wireless מרחיבה את מרכז הפיתוח הישראלי - Techtime - חדשות אלקטרוניקה והייטק
American company Parallel Wireless is expanding its new development center in Kfar Saba, Israel, making the Israeli development team the leader in the companys 5G strategy. The company, which was established in 2012, began operating in Israel in 2018 with a modest development activity that gradually expanded and became a central development site for the company. The new complex currently employs about 230 employees and is in the process of expanding. The company works closely with various hardware suppliers, such as the Israeli company Silicom, which is focusing its activity today on supplying connectivity systems for open networks.
Expand
growth-positive
Parallel Wireless Expands Open RAN Research and Development Centers Across the Globe
Parallel Wireless, Inc. is expanding its footprint across the globe with Open RAN Research and Development Centers in the U.S., U.K., Israel, and India. The company has become a proven leader in Open RAN wireless networks and is doubling its global team in various departments. The expansion aims to accelerate Open RAN development and testing capabilities as Mobile Network Operators upgrade to 5G and beyond. The company is disrupting the wireless industry with its All G (2G, 3G, 4G, 5G) O-RAN compliant, Open RAN networks. The expansion includes the establishment of testing facilities, offices, and labs in different locations. Parallel Wireless solutions enable next-generation applications and the company is actively hiring talent to support its ambitious growth plans.
Expand
growth-positive
חברת Parallel Wireless שכרה כ-3,000 מ"ר במתחם O-TECH בכ"ס כלכליסט
Parallel Wireless, a company that develops products for the 5G cellular field, has decided to expand its office space and double its number of employees. The company is currently renting around 1,000 square meters in Tzur Yigal and has now rented the 8th floor of Building B in the O-TECH complex in Kfar Saba. The rental agreement is for a period of ten years and includes 78 parking spaces. The rental fees are estimated at 60 shekels per square meter, with management fees at 16 shekels per square meter. The total rental fees for the entire period are estimated at 40 million shekels. The decision to move to Kfar Saba was made after a structured process in which the company assessed its expansion needs and mapped the employees residences.
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Parallel Wireless Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 176 |
| Team members | 3 |
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Parallel Wireless Internal
Recent Updates
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Admin Info
| Confidence | 60/100 |
| Missing | funding stage, product stage, sector, founding month, business model, video or image, funding rounds, markets, not claimed |
| BI Verification | Jenny Sotnik-Talisman |
| Crunchbase | parallel-wireless |
| Creator | Yamila Silbert |
| Creator email | yamila.urwicz@gmail.com |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2023-07-13T00:00:00.000Z |
| Created | 2019-03-19T00:00:00.000Z |