Celeno Continues Fast Growth:Named In Fastest Growing Technology Companies in Israel for Second Year

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Raanana - Center - Israel


RAANANA, Israel - Nov. 10, 2015 - PRLog -- Celeno Communications (http://www.celeno.com/) has been ranked 9th in the Israel Deloitte Technology Fast 50 for 2015 – one of Israel’s foremost technology awards ranking the fastest growing technology companies. Celeno was chosen for an exceptional 874% growth over the last four years. This marks the second year running that Celeno has been ranked in the top 10 following a 5th place in the ranking in 2014.

The awards recognize extraordinary growth driven by technology innovation. To determine the fastest growing companies, Deloitte reviewed fiscal year revenues over four years (2011-2014) then calculated and compared the revenue growth percentages.

As part of the award, Celeno is automatically entered into the Deloitte Technology Fast 500 EMEA: a ranking of the 500 fastest-growing technology companies in Europe, the Middle East and Africa over the last five years.

Gilad Rozen, CEO of Celeno, was delighted to be chosen: “Being ranked as a Fast 50 Company for the second year running is the result of the hard work and innovation by our team, and is a testament to the impact of Celeno’s technology, the potential it has to revolutionize Wi-Fi capabilities in the home, and our growing global footprint in an ever-expanding international customer base.”

Celeno provides high-performance Wi-Fi chips and software for demanding home networking applications. The company's OptimizAIR™ technology maximizes in-home Wi-Fi capabilities, assuring reliable wireless video service delivery, and quality of experience for multiple connected devices throughout the home.

"There is something really remarkable about the Israeli companies on this list. They do not just have good ideas. These companies have much more. They have a strong group of people driving them forward on all levels of business with great innovation, quality and motivation." said Tal Chen partner in charge of the Deloitte Israel Technology Fast 50 Program. "This vision and team work is why Celeno made it on the Deloitte Technology Fast 50 Ranking two years running”.

About Celeno Communications

Celeno provides high performance Wi-Fi chips and software for demanding home networking applications. Celeno’s extensive chip portfolio and OptimizAIR™ technology enable the wireless distribution of multiple and simultaneous HD video and data streams throughout the home with the highest levels of performance and reliability while ensuring a superlative quality of service and user experience. Celeno’s OptimizAIR™ technology provides unprecedented capabilities to provision and manage both Wi-Fi capacity and radio spectrum. It enables seamless deployment of rich Wi-Fi services such as home hotspots, community Wi-Fi, multicast video and over–the-top to the home user. Celeno’s field-proven chips have been integrated into numerous OEM Wi-Fi devices and have been deployed with over 75 service providers worldwide. Founded in 2005, the company has offices and representatives in EMEA, the US and Asia-Pacific and is backed by blue chip investors including Cisco Systems, Greylock IL, Liberty Global, Pitango Venture Capital and Vintage Investment Partners. www.celeno.com

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