BBT.live Raises $6.8M in Seed Funding

bit live

BBT.live (Be BroadBand Technologies), a Tel Aviv, Israel-based provider of an SDN platform, raised $6.8m in seed funding.

The round was led by Tzvi Neta Holdings LTD, the investment entity of Tzvi Neta, chairman and owner of Automotive Equipment & Vehicles Ltd. Additional investors include telecommunications company Accel Solutions and existing shareholders.

The company intends to use the funding to expand sales and marketing efforts around the world, continuing technological development and recruiting top talent.

Founded by CEO Moshe Levinson and led by Professor David Hay, Head of the Cyber Security Center at The Hebrew University, who held key positions at CISCO and IBM, and Brigadier General (Res.) Danny Harari, former commander of the elite Intelligence Unit 8200, serving as an Executive Director, BBT.live provides a SDN platform that combines SASE & SD-WAN (Software-defined wide area network) technology with various network security services to allow secure broadband connectivity between offices, branches and remote home offices.

The technology is a one-stop-shop for providers of broadband networks. It is capable of interfacing with any type of hardware, application, or cloud supplier and has the highest level of cyber-security. With it, organizations can reduce IT overhead, improve their performance, revolutionize customer experience and boost profits.

The company’s business model is tailored to network Service Providers and Operators (xSPs) as value-add resellers (VARs) who deliver the solution to their end customers. BBT.live already has commercial agreements in place with local and global SPs (Cellcom, Sharaf DG, and DIENS), as well as a business partnership with ADVANTECH.

The company currently has 20 employees, most of whom are engineers.

FinSMEs

20/06/2022