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Celeno Named One Of Top 5 Fastest Growing Technology Companies in Israel


Ra’anana, Israel – WEBWIRE

Celeno has been ranked 5th in the Israel Deloitte Technology Fast 50 for 2014 – one of Israel’s foremost technology awards ranking the fastest growing technology companies. Celeno was chosen for an exceptional 17,773% growth over the last five years.

The awards recognize extraordinary growth driven by technology innovation. To determine the fastest growing companies, Deloitte reviewed fiscal year revenues over five years (2010-2014) 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 is the result of many years of 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™ 2.0 technology maximizes in-home Wi-Fi capabilities, assuring reliable wireless video service delivery, and quality of experience for multiple connected devices throughout the home.

“Being one of the 50 fastest growing technology companies in Israel is a remarkable accomplishment. We commend Celeno for making the Deloitte Technology Fast 50 with an extraordinary 17,773% growth rate over five years”, said Tal Chen, partner in charge of the Deloitte Brightman Almagor Zohar Technology Fast 50 Program.

About Celeno

Celeno provides high performance Wi-Fi chips and software for HD multimedia and entertainment home networking applications. Celeno’s extensive chip portfolio and OptimizAIR™ technology enable the wireless distribution of multiple and simultaneous HD video streams throughout the home with the highest levels of performance and reliability while ensuring a superlative quality of service and user experience. 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 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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