Cenx Raises Funding

cenx-logo_newCenx, an Ottawa, Canada-based provider of service orchestration solutions for software-defined networks, raised a funding round of undisclosed amount.

Backers included Highland Capital Partners, Mesirow Financial Private Equity Inc, Verizon Ventures, Ericsson, DCM Ventures and Cross Creek Advisors.

The company intends to use the funds to continue to expand operations and accelerate growth globally.

Led by Ed Ogonek, President and CEO, Cenx provides Cortx Service Orchestrator, which allows users to deliver differentiated data services, such as enterprise connectivity, cloud data center exchange, machine-to-machine, VoLTE, and 4G mobile backhaul.
In 2014, the company achieved 500% growth in global revenue, completed multi-million dollar deployments with two of the top four U.S. mobile operators and expanded global customer base in Europe and Asia.

FinSMEs

26/02/2015

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