Millimeter wave startup Siklu has scored another $18 million in funding as it looks ahead to 5G wireless and the growth of gigabit-to-the-home (GTTH) markets.
Siklu Communications Ltd. , which has its headquarters in Petah Tiqva, Israel, received the series D funding from new investor Sercomm Corporation, and was joined by existing investors Argonaut Private Equity, Evergreen Venture Partners, DFJ Tamir Fishman Ventures, Qualcomm Ventures, The Tamares Group and Amiti Ventures. The company has now pulled in nearly $50 million in funding. (See Siklu Raises $19M.)
Siklu currently makes wireless backhaul systems in the 60GHz, 70GHz and 80GHz millimeter wave bands. Millimeter wave refers to higher bandwidths between 6GHz and 300GHz. (See Helping Millimeter Wave Achieve Its Potential and 60GHz: A Frequency to Watch.)
Siklu is partnered with Alcatel-Lucent (NYSE: ALU) on providing radio backhaul for the company's small cells. Siklu, however, is looking beyond that as well. (See Alcatel-Lucent Integrates Siklu for Millimeter Wave Backhaul.)
Millimeter wave radios, the company notes, have the potential to one of the "important building blocks" for super-speedy 5G wireless, which will start to be rolled out in 2020 or thereabouts. (See 5G: What Is It & Why Does It Matter?)
The company also expects to be part of the GTTH market. Companies talking about GTTH are anticipating that the trend of streaming movies and music at home will continue to grow and require more bandwidth to the home. (See PacketFront Unveils GTTH.)
— Dan Jones, Mobile Editor, Light Reading