Wednesday, May 5, 2010

Aepona Raises US$10 Million for Mobile NaaS

Aepona, a software company based in Belfast, announced US$10 million in new funding to support its "Network as a Service" (NaaS) engine for mobile operators. The technology enables collaboration between mobile operators and application providers.

Aepona's solution enables the mobile operator to monetize important assets and functionality within its network - such as billing, location, messaging and voice communications. 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.

Aepona said its customers include more than 20 Tier One mobile operators around the world. The company has also worked on the GSM Association's OneAPI initiative and on the launch of the Canadian OneAPI commercial service, which is at the forefront of the Mobile Cloud Computing market.

BlackBerry Partners Fund, a Toronto-based global fund focused on applications, services and supporting infrastructure for mobile platforms, led the investment round and was joined by existing Aepona investors Amadeus Capital Partners, Polaris Ventures, Innovacom, Nordic Venture Partners and Sutter Hill Ventures.

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