Opanga Networks, a Seattle, WA-based provider of network optimization solutions designed to improve mobile video and multimedia performance, completed a $6m financing.
The round was led by Pacific Wireless Ventures LLC, with participation from private investors and veterans of wireless in the Pacific Northwest.
The company intends to use the funding to fuel its growth.
Led by CEO Dave Gibbons, Opanga provides technology that enables mobile network operators to increase network utilization and improve capital efficiency.
The company’s NetRover™ solutions are based on its patented adaptive bandwidth management technologies that enable a flawless HD playback experience without causing the network congestion or degradation typical of other video applications.
NetRover enables network operators to leverage existing network assets and create scalable video and large media file delivery services. Content owners can develop media-rich apps to extend their reach and protect their brand experience and help relieve network burden.
The company has engineering teams in Redmond, WA and Monterrey, Mexico.