Cohere Again Named One of the Most Innovative Companies in the World by Global Silicon Valley

ISSUED BY | March 14, 2016

Cohere earns coveted spot in GSV Pioneer 250 List for its groundbreaking OTFS technology for second consecutive year

March 14, 2016

SANTA CLARA, Calif., – Cohere Technologies (cohere-technologies.com), a pioneer in wireless connectivity, today announced that for the second year in a row it has been named by Global Silicon Valley (GSV) as one of the fastest growing and most innovative companies around the world in its recently released GSV Pioneer 250 List. Global Silicon Valley’s annual GSV Pioneer 250 List honors the companies that are poised to become the next generation of game-changing businesses.

“Being once again named to the GSV Pioneer 250 list is another important milestone for Cohere Technologies,” said Jake Katz, vice president of product management at Cohere Technologies.  “We’re excited that the potential of our technology has been recognized and that we have been chosen as one of most innovative companies in the world. This recognition further positions Cohere as an emerging technology leader among companies around the globe that are pushing boundaries and challenging convention, and further motivates our great team to work harder to revolutionize wireless communications.”

The key criteria GSV uses when evaluating companies for its Pioneer 250 list are:

  1. Under $1 billion in market value
  2. Venture-backed
  3. Can impact at least one billion people
  4. Possesses the potential to be a category leader

With its GSV Pioneer 250 List, Global Silicon Valley has identified Stars of Tomorrow — the fastest growing, most innovative companies in the world, which have a unique opportunity to become valued at more than $1 billion.

GSV’s research process is structured to accomplish the identification of large, open-ended growth opportunities as well as individual companies that possess the critical elements necessary to capture meaningful market share in these opportunities.  Its top-down perspective focuses on Megatrends, or the technological, economic, and social forces that develop from a groundswell, move into the mainstream, and disrupt the status quo. GSV’s bottom-up analysis is centered on the Four Ps — People, Product, Potential, and Predictability — an objective framework to assess a company’s potential to realize sustained long-term growth resulting from market Megatrends.

About Cohere Technologies
Cohere Technologies is solving the most pressing challenges in wireless communications. Cohere has developed groundbreaking technology with broad applications for wireless communication called Orthogonal Time Frequency and Space (OTFS).  OTFS is a new modulation scheme that delivers 100 percent coverage, 10x spectral efficiency and a 50 percent cost savings over existing solutions by perfectly capturing the wireless channel. Combined with traditional modulation schemes, OTFS extends the benefits of this 2D modulation to existing platforms as required for the future of 5G mobility. Cohere plans to productize OTFS for backhaul, fixed wireless access, 5G.

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More information about Cohere Technologies is available at www.cohere-technologies.com

OTFS is a trademark of Cohere Technologies. All other trade names referenced are the service marks, trademarks or registered trademarks of their respective companies.

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Cohere Technologies media contact:
John Sidline
The Audienci Group
(503) 989-5474
cohere@audienci.com

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