Kenmei Technologies, a Spanish startup specialized in mobile network intelligence and automation, has raised a €1M investment round from GoHub Ventures and R2 Seed Investments.
Funds from this investment round will enable Kenmei to accelerate the development of its Network Intelligence and Automation Solution, named ADELE®, a technology that was selected by Analytics Insight Magazine as one of the 10 Most Intelligent Automation Solution Providers in 2019.
“ADELE®, which stands for Autonomous Decisions and Learning, is a native big data solution that empowers network teams of mobile operators to automate routine operational tasks by applying proprietary algorithms based on expert knowledge and AI,” said Vicent Soler, co-founder and CEO of Kenmei Technologies.
Kenmei, founded by telecom and software experts, focuses on providing data intelligence through machine-based decision making methods, automating network operations and customer assurance, all designed to help operators deal with increasing network complexities.
In the immediate future, product innovation will be a key development area at the company’s headquarters in Valencia, Spain, in order to fully integrate the newest 5G technology into the solution, and further evolve existing use cases on 4G networks.
“This capital gives us additional resources to expand quickly and deliver our vision around the world,” Soler added.
Funding will also be used to expand its existing client support and sales team, enabling further international expansion.
“At GoHub Ventures, we back disruptive technologies as strategic partners. Kenmei has a business solution in a field with great potential and impact on the future of the tech sector, such as 5G, which will allow us to approach the international telecommunications market,” said Jaime Barba, Board Director of GoHub Ventures and CEO at Idrica.