- Cisco joins funding round for AI-driven network efficiency firm Opanga
- Investment supports development of RAIN platform for network optimisation
What happened: Cisco backs Opanga in AI network efficiency
Cisco has announced its investment in Opanga, a startup focused on AI-powered network efficiency solutions. This move comes through the corporate venture capital arm of Cisco, joining forces with Grayhawk Capital and Trilogy Equity Partners. The funding will aid Opanga in scaling its operations and advancing its RAIN platform, which is designed to optimise network performance using artificial intelligence.
Cole Brodman, the CEO of Opanga, highlighted that the demand for RAIN has been rapidly increasing, making this investment critical for their growth and innovation. The RAIN platform leverages machine learning to provide real-time insights and automation, significantly improving network efficiency for both mobile and fixed wireless operators. Notably, recent trials with Tier 1 networks have demonstrated that RAIN can reduce network energy consumption by up to 41% without compromising performance, showcasing its potential impact on the industry.
Founded in 2005, Opanga initially developed video optimisation products but has since expanded its focus to broader network optimisation solutions. The collaboration with Cisco signifies a strategic partnership that aims to transform how telecommunications companies manage their networks, particularly in an era where AI capabilities are becoming increasingly essential for operational efficiency.
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Why it is important
Cisco’s investment in Opanga underscores the increasing importance of artificial intelligence in network optimisation. As demand for high-performance networks escalates, solutions like Opanga’s RAIN platform become vital in ensuring efficient and reliable connectivity.
By supporting Opanga, Cisco not only expands its portfolio in AI-driven technologies but also reinforces its commitment to advancing network infrastructure capabilities. This collaboration is indicative of a broader industry trend where established tech companies invest in innovative startups to stay at the forefront of technological advancements.
