Aepona, a Belfast, Northern Ireland, UK-based software company that enables collaboration between mobile operators and application providers, has recived $10m in a new funding round. The round was led by BlackBerry Partners Fund, a Toronto-based global fund focused on applications, services and supporting infrastructure for mobile platforms. Existing investors Amadeus Capital Partners, Polaris Ventures, Innovacom, Nordic Venture Partners and Sutter Hill Ventures also participated in the round.
The company will use the funds to accelerate its commercial growth. It will invest in additional sales and business development resources to take advantage of the market opportunity that the growing global demand for mobile-enabled applications presents for both the company and its mobile operator customers.
Aepona provides a Network-as-a-Service (NaaS) software engine that enables a mobile operator to monetise important assets and functionality within its network – such as billing, location, messaging and voice communications and open up new revenue opportunities. It can expose and share these assets as Web Service APIs, for third-party application developers, enterprises and media companies to incorporate into new and existing mobile-enabled applications.
FinSMEs
06/05/2010