The amount of the deal was not disclosed.
The company intends to use the capital to expand sales and marketing, create new distribution channels and help seek opportunities outside Latin America.
Founded in 2008 and led by Adriano da Rocha Lima, CEO, WebRadar offers a cloud-based platform that enables the analysis of vast volumes of operational data (Big Data) in real time, providing visibility and strategic insights about its customers’ operations, thereby allowing them to make accurate decisions to help increase efficiency. The information, collected and analyzed in real time, can be used to generate several types of system responses ranging from automatic configuration changes on the network and forecasts of future network behavior to warnings immediately forwarded to the Operation Centers or to executive managers.
The tools are used for applications such as customer experience management, self configuration features for 2G, 3G and 4G Mobile Networks (Self Organized
Networks), wireless network performance management, optimization and management of network inventory, smart grid management and advanced fleet management based on telemetry, among others.
WebRadar currently focuses on the telecom, energy and transport sectors, serving customers in global markets including Brazil, Mexico, Peru, Argentina, Chile, Bolivia, Portugal and India.
Major customers include Nokia Siemens Networks, Nextel, Telefonica, and Luft Transports.