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Celona
Enterprise Software
Celona is a Cupertino-based networking company providing private cellular network solutions, including 5G and LTE, that enterprises can deploy on their own premises for more reliable wireless connectivity.
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Celona was founded in 2019 by Rajeev Shah and Mehmet Yavuz, networking industry veterans, based on the recognition that traditional enterprise Wi-Fi networks, while adequate for many uses, often struggle to reliably support the growing number of mission-critical wireless applications inside large industrial, warehouse, healthcare, and campus environments, such as connected industrial equipment, autonomous mobile robots, and other Internet of Things devices that require highly reliable, low-latency, and secure wireless connectivity that cellular network technology, specifically private deployments of 5G and LTE technology on an enterprise's own premises, can often deliver more consistently than traditional Wi-Fi in certain demanding environments. Celona's platform lets enterprises deploy and manage their own private cellular network, historically technology used almost exclusively by large telecom carriers running vast public networks, packaged in a way that's designed to be deployable and manageable by an enterprise's own IT team rather than requiring specialized telecom engineering expertise, addressing a barrier that had historically limited private cellular adoption to only the largest and most technically sophisticated organizations. The company's technology has found particular traction in environments such as large manufacturing facilities, ports and logistics operations, healthcare campuses, and other settings where dense concentrations of connected devices, industrial equipment, and mobility needs push beyond what a typical enterprise Wi-Fi deployment reliably supports, especially where interference, building materials, or the sheer number of connected devices creates performance and reliability challenges for standard Wi-Fi. Celona's approach reflects a broader industry trend of enterprises exploring private cellular networks as either a complement to or, in some cases, a replacement for traditional enterprise Wi-Fi in specific high-demand use cases. The company has raised substantial venture funding from investors including Lightspeed Venture Partners, NEA, and Qualcomm Ventures, reflecting significant strategic investor interest from major networking and semiconductor companies in the emerging private cellular networking category.
FOR QUALIFIED INSTITUTIONAL AND ACCREDITED INVESTORS ONLY: Under federal securities laws, private market investments on this platform are available exclusively to Institutional and Accredited Investors. Verification of status required before investing. Private investments involve significant risks including illiquidity, potential loss of principal, and limited disclosure requirements. "Augment" refers to Augment Markets, Inc. and its affiliates. Augment Markets, Inc. is a technology company offering software and data services, not a bank or financial institution. Cash Accounts are provided by Modern Treasury Corp. financial institution partners and through Augment's technology. Augment does not act as a money services business, provide money transmission, or serve as a custodian of funds. Funds held in your Cash Account are not FDIC insured unless expressly disclosed. Full terms available in the Augment Cash Account Agreement. Brokerage services are offered through Augment Capital, LLC, an affiliated broker-dealer and member FINRA/SIPC. "Investment accounts" are not brokerage accounts and do not hold customer funds or securities. Investment advisory services are offered through Augment Advisors, LLC, an SEC-registered investment adviser. Registration with the SEC does not imply a certain level of skill or training. Neither Augment Advisors, LLC nor Augment Capital, LLC provide legal or tax advice; consult your attorney or tax professional regarding your specific situation. For additional information, please refer to Augment Advisors, LLC's Form ADV Part 2A (Firm Brochure) and FINRA BrokerCheck.
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