LabLabee raises $3.4M for telecom, tech training

Startup claims to be 'the world's first training platform focused on providing hands-on learning experiences in cutting-edge technologies in telco, telco cloud, private cloud, industry 4.0 and networking.' #pressrelease

September 10, 2024

3 Min Read

LabLabee, the pioneering platform for hands-on training in telecom networks of the future, is thrilled to announce the successful completion of its seed funding round, securing $3.4 million. This round was led by Reach Capital and supported by Classera, along with existing investors Brighteye Ventures and e& capital.

Notable business angels such as Cedric Sellin (Investor & Advisor in Tech) and Mohammed Husamaddin (VP of Business Development at Naseej) also joined the funding round.

This milestone marks a significant step in LabLabee's mission to democratize future network technologies by providing immersive, accessible, and affordable hands-on training to empower professionals worldwide with the skills they need to excel in the rapidly evolving tech landscape.

LabLabee, co-founded by Samir Tahraoui and Mahfoud Sidi Ali Mebarek, is the world's first training platform focused on providing hands-on learning experiences in cutting-edge technologies in Telco, Telco Cloud, Private Cloud, Industry 4.0 and Networking.

The telecommunications industry (more than $1.8T market) is undergoing rapid transformation, marked by the emergence of new players such as hyperscalers, including Microsoft with its acquisition of Metaswitch and Affirmed Networks, and AWS with its 5G private deployment with Dish. Industrial giants like Nestle, Aramco, and ASN are also deploying private 5G networks, signaling a significant shift in the market landscape.

This fast-paced evolution has highlighted a critical skills gap not only for traditional telecom operators transitioning to cloud-native and AI-based stacks, but also for software developers, industrial engineers, and network and system administrators entering the new telecom space. A recent survey found that this skills gap is the biggest barrier to cloud-native adoption for telecom operators. Existing training platforms are often too generic and unaligned to specific customer needs, making the upskilling and reskilling of tech teams resource-intensive and time-consuming.

LabLabee addresses this gap by offering industry specific, on demand and affordable practice labs, in specific technologies like 5G, IMS, OpenStack, GitOps, CI/CD, Docker, and Kubernetes, that allow learners to master complex concepts and gain the confidence to apply these skills in their daily work. This ensures professionals gain the practical skills they need to implement cloud or AI on telco and network infrastructures in a rapidly evolving tech landscape. The company works with telecom operators, vendors, industrial companies, software firms, system integrators, universities, and many others to integrate hands-on practical exercises into their training programs while drastically reducing costs.

Over the last year, LabLabee has onboarded numerous companies including Deutsche Telekom, Orange Group, Ooredoo, ASN, Axian Group, STC Solutions, Andorra Telecom and Cetin, and partnered with major vendors such as Juniper, Windriver and Amarisoft.

LabLabee's Vision and Objectives

With the successful completion of the seed round, LabLabee is focused on achieving several key milestones in the coming months. These objectives include establishing a leadership position in the EMEA market, accelerating their expansion into the US market through hyperscalers partners such as AWS, Azure and GCP, and broadening their product portfolio with new hands-on training labs including VMware, Redhat and Windriver.

Another major focus is enhancing the learning experience with new immersive features, including an end-to-end sandbox learning environment where users can learn, practice, and test within the same platform. Additionally, they plan to extend the course catalog with new verticals related to Industry 4.0, Telco Security, Telco AI, and Edge Computing.

LabLabee also plans to expand their international team with top talent in engineering, sales, and customer support to maintain their high standards of quality and service. This expansion will help them better serve their growing user base and continue delivering exceptional training experiences.

LabLabee

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