Wednesday, April 6, 2016

Vasona Raises $14.6 Million for Mobile Edge Platform

Vasona Networks, a start-up based in San Jose, California with R&D in Tel Aviv, secured $14.6 million in series C funding for its platform for mobile network capacity, resource management and edge intelligence.

Key Vasona Networks offerings include the SmartAIR edge application controller and SmartVISION analysis suite. These platforms leverage edge locations between core and radio access networks, which is a key position for precise traffic management and monitoring at scale. SmartAIR assesses each cell’s conditions and acts on congestion in real time, taking into account the cause and the subscriber’s location. SmartVISION gives unprecedented live and historical visibility into networks at the level of individual cell performance.


The company said it is deployed by several tier-one mobile network operators in four of the world’s largest cities, including announced use by Telef√≥nica UK in its London O2 system.

Participants in the funding round include Bessemer Venture Partners, New Venture Partners and NexStar Partners.  This brings total funds raised by the company to $48 million.

“We are working with the world’s top mobile network operators on pressing and emerging needs, including the constant pursuit of better mobile experiences,” says Vasona Networks CEO Biren Sood. “As operators turn their focus to edge-based traffic management for the most value, flexibility and control, our capabilities best meet business and network demands in any market.”

http://www.vasonanetworks.com/

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