Spectrum Effect, a Kirkland, Washington-based startup, raised $1.9 million in funding for its artificial intelligence-based network interference mitigation software for mobile networks.
The round was led by a group of primarily Seattle-based angel investors, with notable support from Joseph Landy, the former co-CEO at Warburg Pincus.
The funds will enable Spectrum Effect to further develop and enhance its AI-powered software to effectively address network interference challenges faced by mobile network operators globally.
Spectrum Effect specializes in assisting customers in analyzing mobile network data to identify and resolve sources of interference. These can include product information management (PIM), faulty radio equipment, cross-border issues, and radio access network (RAN) challenges.
Company: Spectrum Effect, Inc.
Raised: $1.9M
Round: Unknown
Funding Month: August 2023
Lead Investors:
Additional Investors: Joseph Landy
Company Website: https://spectrumeffect.com/
Software Category: AI-based Network Interference Mitigation Software
About the Company: Founded in 2015 and led by Charles Immendorf, Spectrum Effect is a software company that offers a platform for the wireless industry that automates the analysis of RF interference. The company helps customers analyze mobile network data and mitigate interference. Currently has 16 customers worldwide, Spectrum Effect's mission is to solve the most challenging and costly problems in the wireless industry through innovation and automation.
Source: https://www.claytoncountyregister.com/news2/spectrum-effect-which-uses-machine-learning-to-help-mobile-network-operators-raises-more-cash/103206/