C
Christine Hall
Guest
While most of the market is focused on building and selling 5G infrastructure, an important piece that is overlooked is the application development on 5G networks, according to Vivek Ladsariya, general partner at SineWave Ventures. That’s what makes him excited to support a company like Shabodi.
“Application developers have always wanted to abstract away network complexities and Shabodi is primed to serve that need,” Ladsariya said via email.
Shabodi raised 200,000 pre-seed round earlier this year led by Forum Ventures and former Cisco and Yahoo executives.
Meanwhile, the company has 15 employees and two patents, with a third coming next year.
Though Chopra could not reveal other customers, he said that the company is in talks with about a dozen enterprises. He intends to use the new funding to build out product and sales teams as it readies Shabodi’s first product for public consumption by the end of this year.
“We are proud to partner with Shabodi’s visionary team of industry experts to accelerate the deployment of 5G, one of the most impactful developments of this decade,” said Bruce Taragin, managing director at Blumberg Capital, via email. “5G will disrupt many aspects of enterprise technology, and Shabodi’s platform has the potential to significantly improve how application developers, organizations and entire industries make 5G a reality.”
“Application developers have always wanted to abstract away network complexities and Shabodi is primed to serve that need,” Ladsariya said via email.
Shabodi raised
Meanwhile, the company has 15 employees and two patents, with a third coming next year.
Though Chopra could not reveal other customers, he said that the company is in talks with about a dozen enterprises. He intends to use the new funding to build out product and sales teams as it readies Shabodi’s first product for public consumption by the end of this year.
“We are proud to partner with Shabodi’s visionary team of industry experts to accelerate the deployment of 5G, one of the most impactful developments of this decade,” said Bruce Taragin, managing director at Blumberg Capital, via email. “5G will disrupt many aspects of enterprise technology, and Shabodi’s platform has the potential to significantly improve how application developers, organizations and entire industries make 5G a reality.”