Reverb Networks, an Ashburn, VA-based developer of intelligent Self Organizing Network (SON) solutions designed to provide mobile network operators improved operational and spectral efficiencies, has closed a $7m funding.
The financing was arranged through Friedli Corporate Finance, a Swiss venture capital firm.
The company has also released its wireless antenna based SON solution for LTE and UMTS mobile network operators, InteliSON™.
Led by CEO Magnus Friberg, Reverb Networks develops software based, and fully network integrated SON solutions, which are designed to reduce OpEx and CapEx for wireless operators and managed service providers through frequent and proactive self-optimization, and improve operational and spectral efficiencies.
The company also has presence in North America, South America, Europe and the Middle East offering support across the globe.