About Celtro
Celtro is a Telecommunications company based in Petah Tikva (Israel) founded in 2001, and was acquired by Septier Communication in June 2012. Cellular backhaul traffic is aggregated and optimized via compression algorithms. Celtro has raised $35.23 million across 7 funding rounds from investors including Kreos Capital, Ribbon and Rho Capital Partners. Its chief executive, as recorded, is Elan Sharon. The company was acqui-hired. Its focus areas include Telecom, Telecom Infrastructure Tech, Transport Network and Software.
Company details
Celtro was founded in 2001 in Petah Tikva, Israel, focusing on telecommunications. Cellular backhaul traffic aggregation and optimization solutions are delivered to enhance network efficiency. Lossless data compression is applied to 2G3GLTE IP traffic, while forward error correction mechanisms are used to reduce transmission errors. The company was acquired by Septier Communication and renamed Celtro Communication.
- Headquarters Petah Tikva, Israel
- Stage Acquired
- SectorsTelecommunications
- Website celtro.com
- Social LinkedIn
- Acquired by Septier Communication (Jun 2012)
- Total Equity Funding$35.23M (USD)
in 7 rounds
- Latest Funding Round$5.5M (USD), Series C
Aug 2011
- InvestorsKreos Capital
& 8 more
- Acquired bySeptier Communication
(Jun 2012)
Funding Insights of Celtro
Celtro has successfully raised a total of $35.23M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $5.5 million completed in August 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $35.23M
- Total Rounds 7
- Last Round Series C — $5.5M
- Investors Count 8
All 7 funding rounds of Celtro with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2011 | $5.5M | Series C | – | – | – |
| Aug 2010 | $2.73M | Series C | – | – | – |
| May 2008 | $20M | Series C | – | – | |
| Jun 2007 | $6M | Debt – Venture | – | – | |
| Sep 2006 | $7M | Series B | – | – | |
| Jun 2006 | $1.5M | Debt – Venture | – | – | |
| Sep 2003 | Series A | – | – |
9 investors in total: 9 institutional.
Investors in Celtro
Celtro has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Kreos Capital, Ribbon and Rho Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech startups are invested in by Rho Capital Partners. | rho.com | New York, United States | ||
Early stage VC Firm investing in Israel and the US | genesispartners.com | Herzliya, Israel | ||
| cedarfund.com | ||||
Venture debt is provided to growth-stage companies across multiple sectors. | 1998 | kreoscapital.com | London, United Kingdom | |
| mvmpartners.com | ||||
Firm investing in venture debt | plenus.co.il | Herzliya, Israel | ||
PE & VC firm offering investment banking services | dcapital.co.il | Tel Aviv, Israel | ||
Optical transport and SDN/NFV solutions are provided for telecom networks. | 1961 | ecitele.com | Petah Tikva, Israel | |
Provides tactical and strategic cellular security solutions to global public and private sectors. | 2000 | septier.com | Petah Tikva, Israel |
Investor details for Celtro
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Celtro
1 people are tracked at Celtro (1 in leadership).
| Name | Role | Group |
|---|---|---|
Elan Sharon | CEO | Leadership |
Complete people profiles for Celtro
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Celtro
4 dated milestones of Celtro across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Celtro is founded.
- Funding First funding round.
- Funding Latest funding round, Series C, of $5.5M.
- Exit Acquired by Septier Communication.
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Related news about Celtro
Complete news archive for Celtro
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Frequently Asked Questions about Celtro
Celtro was founded in 2001 and raised its 1st funding round 2 years after it was founded.
Celtro is headquartered in Petah Tikva, Israel. It is registered at Petah Tikva, Central District, Israel.
Elan Sharon is the CEO of Celtro, as recorded in our data.
Celtro is a funded company, having raised a total of $35.23M across 7 funding rounds to date.
Celtro was founded in 2001 in Petah Tikva, Israel, focusing on telecommunications. Cellular backhaul traffic aggregation and optimization solutions are delivered to enhance network efficiency. Lossless data compression is applied to 2G3GLTE IP traffic, while forward error correction mechanisms are used to reduce transmission errors. The company was acquired by Septier Communication and renamed Celtro Communication.
Celtro has 9 investors. Key investors include Kreos Capital, Ribbon, Rho Capital Partners, Genesis Partners, and Cedar Fund.
Yes. Celtro was acquired by Septier Communication in June 2012.