Arieso, a Newbury, UK-based wireless network optimisation provider, has raised a further £1.45m to accelerate its pace of growth. The round sees Carbon Trust Investments Limited joining existing investors Oxford Capital Partners, ADD Partners and Qualcomm Ventures.
Arieso’s product portfolio enables mobile network operators to understand, in real-time, the service levels that individual customers are experiencing at a specific location. This information enables them to optimise their networks, build infrastructure where it is needed and operate their network based on actual customer experience, reducing both opex and capex whilst improving service levels.
In a press release, Rachael Nutter of CT Investment Partners, was quoted as saying: “Energy consumption in mobile phone base stations is a significant proportion of the opex of mobile operators, as high as 50% in the most extreme cases.
“Arieso’s technology tackles this whilst improving service levels”.
Commenting on the deal, Shirin Dehghan, CEO and co-founder of the company, said: “Arieso has leading edge technology demonstrating dramatic service and cost improvements with a number of the world’s largest operators.
“We are delighted to have Carbon Trust Investments joining our existing investors.
“This investment will allow us to ramp up our team and take advantage of our recent success in the field to deliver full-scale roll-outs”.
The company also operates offices in Atlanta, US, and Hong Kong.
FinSMEs
06/04/2010