REDWOOD CITY, Calif., Sept. 5, 2018 /PRNewswire-PRWeb/ -- Cape, the leading cloud platform for drone telepresence and data management, today announced that it has been named one of the first companies in the "GSMA 100," a global innovation discovery initiative developed by the GSMA to identify and advance the next generation of connectivity and digital services. Comprised of the world's most promising growth-stage companies and selected by mobile operators and investment partners, the GSMA 100 represents operator innovation priorities in key areas such as 5G and networking; artificial intelligence and machine learning; consumer experience; data and analytics; the Internet of Things; media and entertainment; and security, among others.
"Congratulations to Cape for their selection into the GSMA 100. The GSMA 100 is designed to identify those companies with the most compelling use cases and innovative business models," said Ed Barker, Head of Innovation Strategy and Partnerships, GSMA. "We look forward to working with Cape and other GSMA 100 companies in accelerating business development, commercial partnerships and investment with mobile operator and key partners and, ultimately, in the deployment of next-generation networks and digital services that will benefit billions of subscribers around the world."
"We are honored to be a part of the GSMA 100, and to be recognized among some of the most innovative companies around the world," said Chris Rittler, CEO of Cape. "Our selection is a true testament to the incredible team of talent behind our technology, and to their commitment to helping define the future of commercial drone integration and enabling the aerial enterprise."
The GSMA 100 are nominated by GSMA operator members, ecosystem companies and leading technology investors and primarily include growth-stage, venture-backed companies from their portfolios, partnerships or interest areas. Following a competitive review process, the nominations are evaluated and narrowed to yield the final cohorts. Cape was among the first 29 companies named to the GSMA 100; the remaining two cohorts for the GSMA 100 will be made public in February 2019 at Mobile World Congress in Barcelona, and in June 2019 at Mobile World Congress Shanghai.
The GSMA represents the interests of mobile operators worldwide, uniting more than 750 operators with over 350 companies in the broader mobile ecosystem. Key operators and partners contributing to the GSMA 100 include Amadeus Capital, América Móvil, AT&T Foundry, Bessemer Venture Partners, Blumberg Capital, BT, China Mobile, Deutsche Telekom, EIT Digital, Ericsson Ventures, Forgepoint Capital, GE Ventures, GV, IQT, KDDI, KPN Ventures, Lumia Venture Partners, Mayfield, MTN, Orange, Rogers Communications, Safaricom, Sony Innovation Fund, Telefónica, Telenor Group, Telstra Ventures, Telus, the UN World Food Programme, US Cellular, Verizon Ventures and Vodafone, among others.
For further information on the GSMA 100, visit: http://www.gsma.com/aboutus/gsma-100.
About Cape
Cape unlocks the full potential of commercial drones, giving companies all of the benefits with none of the traditional hassle. Every day, Cape users log in to the Cape Aerial Telepresence™ platform, connect to physical drones around the world, and safely conduct remote flights to capture live, high-resolution video. The only cloud-based system for drone telepresence and data management, Cape provides secure, real-time visualization that increases productivity and operational efficiency and improves safety. Since its founding in 2014, Cape has been a leader in software for drone usability, and the trusted drone software solution for a wide range of use cases, from construction and public safety to oil & gas and agriculture. To date, more than 100,000 Cape-enabled drone flights have been completed with zero incidents. For more information about Cape, please visit http://www.cape.com.
SOURCE Cape
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