Parallel Wireless

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Next-gen Mobile Networks?
Product stageSegments
Early
?
Network optimization
?

Parallel Wireless is a leading provider of OpenRAN solutions for mobile operators globally. Their primary offering is a unified software platform that supports all cellular generations (2G/3G/4G/5G) under the same umbrella. This innovative approach enables interoperability, future-proofing, and automation, delivering on the promises of the OpenRAN movement.

The company's core product is the HetNet Gateway (HNG), a virtualized RAN orchestrator that simplifies the deployment and management of multi-vendor, multi-technology cellular networks. HNG virtualizes RAN interfaces, enabling real-time network management while abstracting RAN changes from the core network. This software-based solution leverages principles of Network Function Virtualization (NFV) and Software-Defined Networking (SDN) to provide a cost-effective alternative to traditional RAN architectures.

Parallel Wireless has also developed the Converged Wireless System (CWS), an outdoor base station that supports LTE, LTE-Advanced, and Wi-Fi. The CWS hardware is designed using cost-effective components to deliver maximum coverage, scalability, and flexibility for building faster, smarter, and more reliable networks. The CWS incorporates innovative backhaul solutions, including mesh capabilities enabled by the HNG, allowing for wireless connectivity in remote areas without the need for expensive fiber infrastructure.

Parallel Wireless has successfully deployed its OpenRAN solutions across six continents, enabling mobile operators to expand coverage and enhance network performance in urban, rural, and enterprise environments. In September 2022, the company was acquired by Nasdaq-listed Parallel Wireless, Inc., further strengthening its position in the OpenRAN market.


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Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
1 Tara Blvd Suite #404 Nashua NH USA
Founded year:
2012
Employees:
101-250
IPO status:
Private
Total funding:
USD 8.8 mn
Last Funding:
USD 8.8 mn (Debt Financing; Feb 2016)
Last valuation:
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