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Trading / Browse Private Companies / Cohere Technologies Stock

Cohere Technologies Stock

cohere-technologies.comTechnology Hardware / Communications equipmentFounded: 2010Funding to Date: $125.46MM

Cohere Technology is a developer of spectrum multiplier software designed to enhance the performance of mobile and wireless networks. The company's software improves spectrum and user experience with channel detection, estimation, prediction and precoding deployed within a standard-compliant 4G, 5G, or open cloud radio access network, enabling the global wireless connectivity industry to fulfill the ongoing increase in wireless bandwidth demand. The company was founded in 2011 in Santa Clara and is headquartered in San Jose, California.

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Cohere Technologies investors also invested in these private companies

New Enterprise Associates
Lightspeed Venture Partners
AME Cloud Ventures
Presidio Ventures
Big Basin Partners
NexStar Partners

Team

Management Team

Raymond P. Dolan
Chief Executive Officer and Chairman
Shlomo Rakib
Co-Founder and Chief Technology Officer
Dr. Ronny Hadani
Co-Founder and Chief Scientific Officer
Ram Prasad
Chief Operating Officer and Chief Financial Officer
Ronny Haraldsvik
Chief Marketing Officer and Senior Vice President of Business Development

Board Members

Barry Eggers
Lightspeed Venture Partners
Christopher Schaepe
Lightspeed Venture Partners
Ronald Bernal
New Enterprise Associates

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News Highlights

The New York Times 05/02/2023
Generative A.I. Start-Up Cohere Valued at About $2 Billion in Funding Round
Cohere, a Toronto-based artificial intelligence start-up, has raised $250 million in a new funding round, valuing the company at approximately $2 billion. The company, which builds technology for deploying AI-driven products like chatbots and search engines, received investments from Salesforce, Nvidia, Inovia Capital, and Index Ventures. Cohere is considered a potential competitor to OpenAI's generative AI technology.
Mobile World Live 04/19/2023
Cohere and co give open RAN software a push
Cohere Technologies, Intel, Juniper Networks, Mavenir and VMware are collaborating to develop open RAN software interfaces across multiple generations of mobile technologies. The group aims to create the industry's first framework for a multi-generational, software-based open RAN architecture, with an initial focus on defining frameworks, interfaces, interoperability testing and evaluation criteria for 4G, 5G and future generations.
Reuters 02/06/2023
AI startup Cohere in talks to raise funding at $6 bln plus valuation -sources
AI startup Cohere is reportedly in discussions to raise hundreds of millions of dollars in a funding round that could value the company at over $6 billion. The Toronto-based firm, which competes with Microsoft-backed OpenAI, plans to introduce a new dialogue model for enterprise users. Cohere has raised $170 million to date from investors including Index Ventures, Tiger Global, and AI experts Geoffrey Hinton, Fei-Fei Li, and Pieter Abbeel.

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Updated on: Sep 28, 2023