Vantrix Receives US$13.5M in Series D Funding

Vantrix, a Montreal, Canada-based provider of optimized mobile content delivery solutions, has received US$13.5m in Series D funding.

The round was led by existing investors Summerhill Venture Partners, JK&B Capital and Tudor Ventures, with pro rata participation from BDC Venture Capital, Innovacom and Entrepia Ventures.

The company intends to use the capital to grow their global presence.

Led by Jim Knapik, CEO, Vantrix provides policy-controlled content optimization and delivery solutions that enable mobile network operators ensure that video, webpages, Internet radio and applications are delivered with the best possible user experience, regardless of the service, device, network, location or time. The company’s products are deployed in over 75 networks, serving over 1 billion subscribers worldwide.
Customers include Bell Canada, Sprint (NYSE:S), Orange, Telefonica (NYSE:TEF), T-Mobile, TeliaSonera (OMX:TLSN), MTS, Etisalat (ADX:ETISALAT), Saudi Telecom Company (TADAWUL:STC) and Tata Telecom.

Vantrix has offices in the United States and London.

FinSMEs

20/12/2012

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