Vantrix, a Montreal, Canada-based provider of message and video bandwidth optimization solutions for carriers, ISPs and enterprises, closed a a $4.5m venture loan from NXT Capital.
The company intends to use the capital for strategic growth initiatives.
Led by Jim Knapik, Chief Executive Officer, Vantrix provides bandwidth optimization platforms designed to help carriers, ISPs and enterprises to dynamically adjust video traffic to meet the constraints of their existing networks while maintaining end-user quality.
The company, which has products deployed on 75+ mobile networks and five continents, is backed by Summerhill Venture Partners, Tudor Growth Equity, BDC Capital and JK&B Capital, among others.
FinSMEs
27/03/2013