Siklu develops millimeter-wave (mmWave) wireless solutions used for video surveillance, Wi‑Fi backhaul and access to residential multi-dwelling units (MDU). The company also supplies connectivity for business customers and its products already cover thousands of fiber extensions for 3G/LTE telecommunications networks. Siklu is led by Co-Founder, Chairman and President Izik Kirshenbaum. The company is based in Fair Lawn, New Jersey and Petach Tikva, Israel. It intends to use recent financing to accelerate growth and improve its market position. The product focus and deployed base position Siklu to expand further in backhaul and access markets. Siklu delivers scalable, carrier-grade millimeter wave Gigabit Ethernet radio solutions for mobile backhaul, Carrier Ethernet business services, enterprise, and vertical applications. Its EtherHaul radios use a silicon-based millimeter wave design the company says can deliver gigabit speeds over uncongested spectrum while costing as little as 20% of competing systems and offering low total cost of ownership. Products incorporate on-board advanced networking capabilities and a miniature picocell architecture aimed at cost-effective 4G/LTE backhaul. The company reports hundreds of links deployed in Europe, initial trials in the U.S. and India, and design wins from leading mobile operators. Siklu will use the Series B proceeds to extend its picocell backhaul product line for 4G/LTE and beyond and to expand marketing and sales in the U.S. and Indian markets. It recently closed a $19M Series B to fund these plans. Founded/operating since 2008, Siklu is a Delaware company with R&D and operations near Tel Aviv, Israel.

Total raised

$37M

Funding rounds

2

Latest round

Series D

Latest activity

Aug 2015