Guavus Raises $20M for Big-Data Analytics for Telecom Companies
August 22, 2014 - Dow Jones VentureWire
Guavus Inc . has raised $20 million in funding for its big-data analytics for telecommunications networks.
The San Mateo, Calif.-based company said it now has raised more than $107 million from investors. Investors in the round include Artiman Ventures , Goldman Sachs Group Inc ., Intel Capital , Investor Growth Capital, QuestMark Partners, SingTel Innov8 and Sofinnova Ventures . The company raised Series D funding in June 2013. TransLink Capital was a previous investor in the company.(/p>
The company said it would use the funding for development of its operational-intelligence platform and for increasing its services of analytically powered applications for network, marketing, customer care and security.