Waiting for the public markets to show a little more promise for tech IPOs, Openet has today announced that it's completed a Series D round of funding totaling $21 million: $16 million in equity funds and $5 million in long term debt. Openet is a Dublin, Ireland-based developer of transaction management software used by 80 network operators in 28 countries -- including AT&T, BT, Orange, Verizon and Vodafone -- to do things like work out new ways to charge users for the amount of data they use.
The round was led by NS Solutions, a Japan-based IT solutions provider that is a subsidiary of the industrial powerhouse Nippon Steel. As a result, NS Solutions becomes a distribution partner of Openet's, specifically to resell its services in Japan -- and the first customer win for the two is a biggie: the mobile operator Softbank. Others participating in the round included Balderton Capital, Cross Atlantic and Kreos Capital.Latest Blog Entries
One Step Shy Of An IPO, Telco Friend Openet Picks Up $21M Series D Led By Japan’s NS Solutions
Posted On 13 Jun 2012 By Ingrid Lunden. Under: Uncategorized.
Waiting for the public markets to show a little more promise for tech IPOs, Openet has today announced that it's completed a Series D round of funding totaling $21 million: $16 million in equity funds and $5 million in long term debt. Openet is a Dublin, Ireland-based developer of transaction management software used by 80 network operators in 28 countries -- including AT&T, BT, Orange, Verizon and Vodafone -- to do things like work out new ways to charge users for the amount of data they use.
The round was led by NS Solutions, a Japan-based IT solutions provider that is a subsidiary of the industrial powerhouse Nippon Steel. As a result, NS Solutions becomes a distribution partner of Openet's, specifically to resell its services in Japan -- and the first customer win for the two is a biggie: the mobile operator Softbank. Others participating in the round included Balderton Capital, Cross Atlantic and Kreos Capital.No Comments
One Step Shy Of An IPO, Telco Friend Openet Picks Up $21M Series D Led By Japan’s NS Solutions
Posted On 13 Jun 2012 By Ingrid Lunden. Under: Uncategorized.
Waiting for the public markets to show a little more promise for tech IPOs, Openet has today announced that it's completed a Series D round of funding totaling $21 million: $16 million in equity funds and $5 million in long term debt. Openet is a Dublin, Ireland-based developer of transaction management software used by 80 network operators in 28 countries -- including AT&T, BT, Orange, Verizon and Vodafone -- to do things like work out new ways to charge users for the amount of data they use.
The round was led by NS Solutions, a Japan-based IT solutions provider that is a subsidiary of the industrial powerhouse Nippon Steel. As a result, NS Solutions becomes a distribution partner of Openet's, specifically to resell its services in Japan -- and the first customer win for the two is a biggie: the mobile operator Softbank. Others participating in the round included Balderton Capital, Cross Atlantic and Kreos Capital.No Comments
Apple denied stateside Galaxy S III injunction
Posted On 13 Jun 2012 By Daniel Cooper. Under: Uncategorized.
Judge Lucy Koh has denied Apple's request for a domestic sales ban of Samsung's latest flagship. Her Honor put her foot down, saying that adding any more litigation to the already overcrowded docket would cause the courtroom action to be postponed ag...
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Voddler’s Lumia-exclusive video streaming app debuts for European Windows Phone users
Posted On 13 Jun 2012 By Zachary Lutz. Under: Uncategorized.
Need an extra reason to give a Nokia Lumia some serious consideration? Today, Voddler has announced the official debut of its Windows Phone app for citizens of Sweden, Norway, Denmark, Finland and Spain. Designed in conjunction with Nokia, the app is...
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