Aira Technologies
Assembly Line
Aira Technologies Raises $14.5 Million Series B From AT&T Ventures, Intel Capital and In-Q-Tel (IQT) to Accelerate RAN Automation Using GenAI
Aira Technologies, a leader in applying AI to cellular network infrastructure, has raised $14.5 million in Series B to expand and accelerate its AI/ML-based solutions to drive improvements in operating, energy, and spectral efficiency. With the new funding, Aira will accelerate the advancement of its GenAI product roadmap. Aira’s Series B investment round was a strategic investment round, and the company is thrilled to have AT&T Ventures, Intel Capital, IQT, Juniper, and JTM LLC joined by existing investors NeoTribe and Acrew.
Mobile Network Operators (MNOs) are experiencing exponential data traffic growth and are under pressure to improve profitability by pushing down the Total Cost of Ownership while generating new streams of revenue. Aira’s vision is to use a data-driven, ML-powered approach to radically re-imagine wireless design, deployment, and control to improve efficiency and performance. Aira’s innovations allow MNOs to vastly improve their radio access network (RAN) architecture and performance. This new round of funding will support Aira’s visionary approach to enabling the RAN of the future—a fully autonomous, self-learning RAN.
Most recently, Aira launched Naavik, a GenAI platform that revolutionizes network operations via advanced automation and natural language processing. Enabling intuitive, conversational interactions with network data and reducing task times from months to days, Naavik enhances visibility, control and automation across the RAN to empower fully autonomous networks.
Aira Technologies Raises $13M in Equity Financing to Supercharge Wireless Using AI
Aira Technologies, an AI software technology startup, announced that it has raised $13M in equity financing led by Neotribe Ventures and Acrew Capital. Aira was founded in 2019 by wireless industry veterans including CEO Anand Chandrasekher (ex-Intel, ex-Qualcomm) and CTO Dr. Ravikiran Gopalan (ex-Bell Labs, ex-Qualcomm) along with well-known wireless researchers Dr. Pramod Viswanath (Professor, University of Illinois, Urbana-Champaign) and Dr. Sreeram Kannan (Professor, University of Washington, Seattle). This round also includes participation from Foothill Ventures and industry angels Ryan Drant (Founding Partner, Questa Capital) and Carl Waldspurger.
Current wireless communications are built on a foundation of human-intuition based protocols and analytically tractable approximations. Machine Learning (ML) techniques, powered by real-time data, can provide radical improvements in wireless communications. Aira’s vision is to harness machine learning to make every wireless connection, in every transport, more than 10x better. The company’s technology provides breakthrough benefits in battery life, latency and reliability. For example, using Aira’s technology, wireless ear-buds can dramatically improve performance while also improving battery life; the same holds for any wearable device from glucose monitors to hearing aids.