Verizon Ventures is the investment arm of Verizon Communications, focused on identifying and investing in innovative entrepreneurial companies that address significant technological challenges faced by Verizon's consumer and enterprise customers. Over the past decade, Verizon Ventures has invested in more than forty companies across various industries and market segments. The organization provides its portfolio companies with substantial support, including assistance in technology and product development, market planning, and sales strategies, as well as access to Verizon's extensive networks and platforms. By leveraging the expertise of experienced investment professionals and a dedicated venture development team, Verizon Ventures fosters connections between innovators and the strategic and financial resources necessary to advance their businesses.
Casa Systems, Inc. is a communications technology company that specializes in providing advanced solutions for broadband and wireless networks across various global regions, including North America, Latin America, Europe, and Asia-Pacific. Founded in 2003 and headquartered in Andover, Massachusetts, the company offers a range of products, including converged cable access platforms, wireless network core products, optical access solutions, and devices for fixed wireless access. Its technology supports next-generation network architectures, enabling cable operators to deliver interactive digital video and broadband IP services efficiently. Casa Systems also provides third-generation DOCSIS products and intelligent video processing solutions, allowing for the seamless integration of video and IP data services. The company focuses on utilizing disruptive technologies to enhance network performance and meet the evolving demands of the telecommunications market.
WIliot is a fabless semiconductor company developing passive SoC platforms for the IoT market. No battery and seamless connectivity operation will be the baseline enabler of IoT future growth.
CoreTigo Ltd. specializes in developing secured wireless network systems designed to support Internet of Things (IoT) nodes with minimal latency. Their technology facilitates machine-to-machine communication, which is essential for applications in various sectors, including factory automation, warehouse management, and transportation. CoreTigo's products include the O Link Wireless master, which enables the cyclic transfer of parameters and diagnostic information to automation systems, and the IO Link device system on module (SoM), responsible for process data management in actuators and sensors. The company's solutions aim to simplify industrial automation, enhance safety in manufacturing environments, and improve operational efficiency, ultimately allowing clients to optimize production and manage their operations more effectively. CoreTigo is headquartered in Kadima, Israel.
Origin Wireless is a m2m (machine to machine) services company providing solutions to various industries and verticals. Specializing in communication platforms for service related B2B (business to business) and B2C (business to consumer) solutions. These services may include risk assessment and monitoring, customer service communication and monitoring, integrated management and reporting services, end-user gateways and dashboards.
Origin Wireless aims to deliver smart radios for smart life by developing advanced wireless technologies for a wide range of applications, including the world's first centimeter accuracy indoor positioning or tracking, indoor monitoring, security, radio human biometrics, wireless power transfer, and 5G communications. The technologies take advantage of unavoidable but rich multi-paths in signal propagation and the physics of time-reversal that resonate with the environment to focus signal energy to specific positions through Origin’s Waveforming technology.
Cellwize Wireless Technologies Pte Ltd. specializes in developing self-organizing network (SON) solutions for mobile network operators across multiple vendors and wireless technologies. Founded in 2012 and headquartered in Singapore, Cellwize offers its elastic-SON platform, which is deployed on private clouds, to enhance network performance and user experience. The platform addresses the challenges of inconsistent networks by enabling them to become user-centric and efficient. Additionally, Cellwize provides a centralized SON solution that communicates directly with the cloud to manage network elements effectively. Its innovative Chime platform utilizes AI-driven automation and orchestration to facilitate the rapid deployment of 5G networks, helping operators optimize their investments and streamline operations. The company serves clients in Europe, APAC, and LATAM, positioning itself as a key player in the evolving landscape of mobile communication technology.
Bluegrass Cellular is a wireless communication provider based in rural Kentucky, recognized as the first cellular carrier to offer analog cellular network services in the region, with its service commencing in May 1991. The company has expanded its network to cover 40 counties, demonstrating a commitment to enhancing connectivity in underserved areas. In October 1998, Bluegrass Cellular transitioned to digital cellular services, followed by the introduction of 2G enhanced services in November 2004 and EVDO 3G high-speed data service in late 2007. The company also offers various customer-oriented features, including a trade-in program, HD calling, DVR streaming, and flexible payment plans, all aimed at enhancing the user experience.
TracFone Wireless, Inc. is a provider of prepaid wireless phone services based in Miami, Florida. Founded in 1996, the company offers a range of services including international long-distance calling, voicemail, text messaging, and technical support. TracFone operates on a no-contract basis, allowing customers to retain unused data, texts, and minutes through its unlimited carryover feature. It sells cell phones and airtime cards online and through retail locations across the United States, Hawaii, Alaska, and Puerto Rico. As a subsidiary of America Movil, TracFone aims to deliver flexible telecommunications solutions that cater to diverse lifestyles and budgets, empowering millions of Americans to stay connected.
WIliot is a fabless semiconductor company developing passive SoC platforms for the IoT market. No battery and seamless connectivity operation will be the baseline enabler of IoT future growth.
Straight Path Communications Inc. is a telecommunications company based in Glen Allen, Virginia, specializing in the ownership and licensing of millimeter wave spectrum for 5G wireless services in the United States. With an extensive portfolio of 39 GHz and 28 GHz wireless spectrum licenses, the company serves mobile network operators and internet service providers, facilitating the wireless transmission of voice and data. By leasing its spectrum licenses, Straight Path enables clients to enhance network capacity and improve the quality of high-speed data transmission. The company also explores next-generation wireless technologies through its Straight Path Ventures subsidiary and manages certain patents via its Straight Path IP Group subsidiary. Founded in 2013, Straight Path Communications operates as a subsidiary of Verizon Communications Inc. as of February 2018.
LQD WiFi, LLC is a technology company based in New York that focuses on developing integrated networks of community technology hubs. Established in 2014, it specializes in creating outdoor interactive displays that offer Wi-Fi connectivity while also providing essential community information, news, and emergency alerts. The company's offerings are designed to foster engagement among residents, facilitate communication between governments and constituents, and support local businesses. By serving municipalities, private developers, academic institutions, and entertainment venues, LQD WiFi aims to enhance urban spaces and contribute to the development of smart cities. The company operates as a subsidiary of Sensity Systems, Inc.
Versa Networks, Inc. is a technology company specializing in software-defined networking solutions, particularly within the realms of virtualized network functions and services. Established in 2012 and headquartered in Santa Clara, California, with an additional office in Bengaluru, India, Versa offers an end-to-end Cloud IP Platform that simplifies and secures wide area networks (WAN) and branch office networks. The platform is entirely software-based, enabling enterprises and service providers to build agile and secure networks while achieving significant cost savings and operational efficiency. Versa's innovative approach in the SD-WAN and SD-Security markets is designed to transform traditional network infrastructures, providing unmatched agility and flexibility compared to conventional hardware solutions. The company has attracted investment from notable venture capital firms, reflecting its position as a leader in the networking industry.
Veniam specializes in transforming vehicles into Wi-Fi hotspots, creating vehicular networks that enhance wireless coverage in urban areas. Founded in 2012 and headquartered in Mountain View, California, the company develops vehicular mesh networks that facilitate the secure management of data flows within an evolving mobility ecosystem. Veniam's solutions combine hardware, software, and cloud components to deliver services to intelligent transportation systems in cities like New York and Singapore, as well as in Porto, Portugal, where it operates the world’s largest connected vehicle network, including taxis, waste collection trucks, and public buses, providing free Wi-Fi to over 500,000 users. By leveraging these networks, Veniam aims to improve urban mobility and enhance the overall quality of life in cities.
Kumu Networks, Inc. is a technology company based in Sunnyvale, California, that specializes in developing innovative wireless systems using full-duplex wireless design technology. Founded in 2011, the company has created a solution that allows radios to transmit and receive signals simultaneously on a single frequency channel. This groundbreaking approach enhances the performance of wireless devices and reduces complexity across various applications. By enabling multiple radios to operate in close proximity without interference, Kumu's technology allows for improved cooperation among devices and effectively mitigates self-interference. This advancement has significant implications for the wireless market, providing radiofrequency system designers with the tools necessary to optimize performance in their designs.
Sweet is a service designed to help individuals reduce their mobile phone bills without compromising on coverage quality. The company identifies instances where users are overpaying for wireless services, with customers saving an average of over $300 annually. The sign-up process is quick and straightforward, allowing users to engage with the service in just seconds. Sweet manages interactions with mobile carriers on behalf of its customers, minimizing the effort required on their part. The company prioritizes user privacy and security, employing advanced encryption technology to protect personal information. Offering nationwide coverage, Sweet collaborates with major carriers to ensure reliable service and fast connection speeds. The company is supported by experienced entrepreneurs from reputable organizations, enhancing its credibility and operational capacity.
Versa Networks, Inc. is a technology company specializing in software-defined networking solutions, particularly within the realms of virtualized network functions and services. Established in 2012 and headquartered in Santa Clara, California, with an additional office in Bengaluru, India, Versa offers an end-to-end Cloud IP Platform that simplifies and secures wide area networks (WAN) and branch office networks. The platform is entirely software-based, enabling enterprises and service providers to build agile and secure networks while achieving significant cost savings and operational efficiency. Versa's innovative approach in the SD-WAN and SD-Security markets is designed to transform traditional network infrastructures, providing unmatched agility and flexibility compared to conventional hardware solutions. The company has attracted investment from notable venture capital firms, reflecting its position as a leader in the networking industry.
Newlans, Inc. is a fabless semiconductor company based in Acton, Massachusetts, specializing in programmable analog signal processing solutions. Founded in 2003, the company has developed advanced programmable silicon-on-insulator capacitors and components designed for integration into tunable radio frequency front end (RFFE) solutions. Its technology enhances radio frequency analog design by enabling feedback and programmability, which reduces costs, optimizes performance, and increases functionality. Newlans primarily serves smartphone original equipment manufacturers and RFFE module suppliers, addressing the growing demand for tunable solutions amid the expansion of global 4G LTE bands and the adoption of Carrier Aggregation. As a subsidiary of Newtel Essence B.V., Newlans is positioned to meet the evolving needs of the mobile communications industry.
Alltel is a telecommunications company based in Rockport, Texas, that offers a range of wireless communication services, products, and solutions to both consumers and businesses. The company caters to various industries, including transportation, retail, insurance, healthcare, construction, and financial services. Alltel's wireless offerings encompass voice and data communication, postpaid and prepaid calling cards, roaming and long-distance services, and data solutions. Additionally, the company provides text and video messaging, digital gaming, radio streaming, internet access, and email services. Its business solutions include business intelligence, field service automation, security, and systems management, alongside a selection of mobile handsets and accessories. Alltel operates as a subsidiary of Verizon Wireless and AT&T.
Qwest Wireless Spectrum - Network Assets
Acquisition in 2005
Qwest Wireless Spectrum - Network Assets includes spectrum licenses in 62 markets in 14 western and mid-western states, covering a population of 30.8 million people. These licenses, all in the 1900 MHz PCS frequency range, average nearly 10 MHz per market. The transaction also includes Qwest Wireless' network switching centers, cell sites and related network equipment, which operate on the CDMA standard, the same as the Verizon Wireless network.
Airborne Studios is a provider of mobile entertainment content and applications, focusing on wireless games and various multimedia offerings. Founded in 2000 and based in Montréal, Quebec, the company designs and publishes a diverse product portfolio that includes original and branded properties such as Family Guy, Donald Trump's Real Estate Tycoon, Speed TV Mobile, Maxim ToGo, and Cosmo Mobile. These products are accessible through wireless carriers in North America and Europe, allowing consumers to enjoy an array of entertainment options. Additionally, Airborne Studios enables retailers and branded destinations to connect directly with mobile consumers through premium and promotional channels.
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