Sunday, December 4, 2005

Personeta Raises $12 Million for IMS Application Servers

Personeta, a start-up based in Naperville, Illinois with R&D in Israel, secured $12 million in additional equity financing in a series D round for its Network Service Control (NSC) and IMS application servers.

Personeta's TappS NSC speeds time to market and introduction of new service offerings. It also delivers the same services over any combination of network technologies -- fixed, mobile, VoIP and broadband. As an application server, TappS NSC interfaces directly with the Call Service Control Framework (CSCF) and HSS functions using standard interfaces. As an external application server, TappS NSC interfaces with a Parlay/OSA gateway to support access to multiple networks and to allow operators to securely open their networks to third-party partners.

New investor, Azure Capital Partners, a venture capital firm based in San Francisco with more than $500 million under management, led the round with current investors Duchossois Technology Partners and Lightspeed Venture Partners also contributing.


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