Vasona Networks, Inc., a San Jose, CA-based provider of platforms for mobile network capacity, resource management and edge intelligence, raised $14.6m in Series C funding round.
Backers included Bessemer Venture Partners, New Venture Partners and NexStar Partners.
The company, which has raised $48m in total, intends to use the funds to continue to expand its international deployment and increase its research and development efforts.
Founded in 2010 and led by CEO Biren Sood, Vasona Networks works with global mobile network operators on improving mobile broadband experiences via the SmartAIR™1000 edge application controller that addresses congestion conditions in real time and via the SmartVISION™ analysis suite for visibility about application activities within each cell of a network. The company recently introduced the SmartAIR Edge Services Platform, which virtualizes functionality of existing offerings and Guided Video Rate and improve communications between content providers and mobile network operators to reduce stalls in streaming video content.
FinSMEs
06/04/2016