Novafora

San Francisco, United States Founded: 2004 • Age: 22 yrs
Develops AI-driven software for improving wireless network performance and efficiency.

About Novafora

Novafora was an Energy & Utilities company based in San Francisco (United States) founded in 2004. It develops AI-driven software for improving wireless network performance and efficiency. It operates on a B2B model. Novafora has raised $18 million across 1 funding round from investors including Gemini Israel Ventures and Vertex Ventures. Novafora has completed 1 acquisition, including Transmeta. The company is recorded as dissolved. Novafora offers products and services including Universal Spectrum Multiplier and OTFS Technology. Its focus areas include Telecom, Wireless Technology, Network Optimization and Spectrum Efficiency. Its competitors include Parade Tech, Pixelworks and NGCodec; 2 of its 3 listed competitors have raised funding.

Company details

Cohere Technologies specializes in creating software solutions like Universal Spectrum Multiplier to boost 4G and 5G network capacity by up to 50 percent using AI and Delay-Doppler models. Based in San Jose, USA, the company collaborates with partners such as Bell Canada to test and implement network enhancements through cloud-based architectures. They focus on spectral efficiency, coverage improvements, and participation in telecommunications events to drive innovation.

  • Headquarters San Francisco, United States
  • Sectors
    Energy & Utilities
  • Phone
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  • Website novafora.com
  • Social LinkedIn
Key Metrics

Products & Services of Novafora

Novafora offers a comprehensive portfolio of products and services, including Universal Spectrum Multiplier and OTFS Technology.

Universal Spectrum Multiplier
Network Software

Improves 4G and 5G networks using AI for better spectral efficiency.

OTFS Technology
Waveform Software

Enables programmable networks to enhance coverage and performance.

Funding Insights of Novafora

Novafora has successfully raised a total of $18M through 1 strategic funding round. The most recent funding activity was a Series B round of $18 million completed in June 2007. 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 $18M
  • Total Rounds 1
  • Last Round Series B β€” $18M
  • First Round $18M

    (Jun 2007)

  • Investors Count 2

All 1 funding rounds of Novafora with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2007$18MSeries B––
Valuation history

2 investors in total: 2 institutional.

Investors in Novafora

Novafora has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Gemini Israel Ventures and Vertex Ventures.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early and seed stage investments are made in technology by Gemini Israel Ventures.
gemini.co.ilHerzliya, Israel
Early-stage investments are focused on Southeast Asia and India.
vertexventures.comPalo Alto, United States
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Investor details for Novafora

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Investments & Acquisitions by Novafora

Novafora has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Transmeta.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Low-power microprocessors and semiconductor systems are developed and licensed.
transmeta.comSanta Clara, United States1995Nov 2008$255.6M
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Complete acquisition details for Novafora

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Timeline of Novafora

3 dated milestones of Novafora across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Novafora is founded.
  2. Funding First funding round of $18.0M.
  3. Acquisition Acquires Transmeta.

Competitors of Novafora

Novafora has 3 listed competitors in our database, 2 of them funded. They include Parade Tech, Pixelworks and NGCodec.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
paradetech.com2005Sunnyvale, United States$20.5M604
High-speed semiconductors for video interfacing and processing are developed.
pixelworks.com1997San Jose, United States222
Fabless semiconductor chips for video and pixel processing are developed.
ngcodec.com2012Sunnyvale, United States$8M12
Video codec silicon IP is developed and licensed for FPGA.
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Detailed competitors of Novafora

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Top companies in Smart Grid & Transmission Systems

3 companies that operate in the same segment as Novafora (Smart Grid & Transmission Systems) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Utility-scale renewable energy projects are developed by Enel X.
2001Boston, Massachusetts, United StatesUSD 168.67 M
AI and cloud-driven solutions for energy optimization are provided.
2009Millbrae, California, United StatesUSD 228.56 MUSD 156.27 M569
IoT-enabled distributed energy resource management solutions are provided.
2011Redwood City, California, United StatesUSD 158.75 MUSD 2.47 M50
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Related news about Novafora

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Frequently Asked Questions about Novafora

Novafora was founded in 2004 and raised its 1st funding round 3 years after it was founded.

Novafora is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Novafora is a funded company, having raised a total of $18M across 1 funding round to date. The company's 1st funding round was a Series B of $18M, raised on Jun 2007.

Cohere Technologies specializes in creating software solutions like Universal Spectrum Multiplier to boost 4G and 5G network capacity by up to 50 percent using AI and Delay-Doppler models. Based in San Jose, USA, the company collaborates with partners such as Bell Canada to test and implement network enhancements through cloud-based architectures. They focus on spectral efficiency, coverage improvements, and participation in telecommunications events to drive innovation.

Novafora's top competitors include Parade Tech, Pixelworks and NGCodec.

Novafora offers Universal Spectrum Multiplier and OTFS Technology.

Novafora has made 1 acquisition, including Transmeta.

Novafora has 2 investors. Key investors include Gemini Israel Ventures, and Vertex Ventures.

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