Celtro Communication (2012) LTD. is a communications technologies vendor for mobile Backhaul (telecommunications) compression and optimization solutions headquartered in Petah Tikva Israel with additional offices in Russia, Africa and India. Since its founding in 2003, Celtro commercially deployed it line of products in over 80 cellular operators worldwide, directly as well as through associates distributors and re-sellers.
2001; ECI Telecom, headquartered in Petah Tikva Israel, establish Celtro as an independent business unit within NGTS division with Mr. Eli Bortman (CEO), targeted to developed Cellular network backhauling optimization technology.
In October 2003. Momentum Venture Management (founded in early 2002) lead, with other investors, the spun off ECI's mobile optimization group and founded Celtro Ltd.,
Since the formation of Celtro Mr. Roni Tzur hold office as the company Chief Executive Officer and Mr. Zohar Hyblum serve in the position of Chief Financial Officer, both were part of Momentum Venture Management founders.
During the years Celtro has raised ~$40M in four founding rounds from Investors like; Rho capital partners, Momentum venture management, Genesis partners, Kreos capital, Cedar fund and Eci telecom.,
As from July 2010, Eran Dariel replaced Mr. Roni Tzur as the Chief Executive Officer and President of Celtro Ltd. At that time Mr. Joshua Di-Nur was serving as the company Chief Financial Officer and Dr. Shahar Gorodeisky was the Chief Technical Officer.,
In Mar 2012 Celtro LTD. went into liquidation process in which the company was offered for sale to the heist bidder.,
In Jun 2012. Celtro Ltd. was acquired by Septier Communication and renamed Celtro communication Ltd. The new company, with Mr. Yaron Baratz as president and Mr. Eli Shubi as the Chief Operation Officer, decided to continue the support of Celtro's Ltd customers worldwide and to continue the focus on cellular backhaul compression solutions. The company holds a few pending technology patents enabling compression of All-IP RAN technologies including LTE.
In January 2014, Elan Sharon was nominated as the company Chief Executive Officer.
Celtro offers technology for mobile operators worldwide, in order to assist service delivery and network efficiency. These technologies operate within the cellular backhaul using a lossless data compression algorithm for 2G/3G/LTE internet protocol (IP) traffic. They have also developed a forward error correction (FEC) mechanism, which they claim improves the transmission bit error rate/framing error ratio.
