Vantrix Corporation, a Montreal, Canada-based provider of mobile video optimization and delivery solutions, has received a $3m venture debt financing from Wellington Financial LP.
The proceeds from the financing will help the company expand in new markets worldwide.
Led by President and CEO, Allan Benchetrit and with deployments in over 70 networks, Vantrix provides solutions that are designed to ensure that content is delivered cost effectively, and with the best possible user experience, for any service, device or network.
Among its customers, the company counts 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 London, Hong Kong, and Dubai.