Converge Digest

Vistapointe Raises Funding for its Cloud-based, Network Intelligence Solution

Vistapointe, a start-up based in San Ramon, California, closed a second round of funding for its cloud-based and real-time network intelligence solutions for mobile operators.

Vistapointe specializes in data extraction, analysis and insight generation technologies that enable mobile operators gain visibility into their mobile networks. Vistapointe’s product portfolio following the NFV architecture, is completely software-based, runs on COTS & ATCA platforms and provides a 360° visibility around Subscriber, Applications, Networks, Roaming, Tethering & Device proliferation. The Vistapointe solution enables Mobile and Het-Net operators to monetize the explosion of data traffic, save and optimize their cost-structure through better visibility and reduce subscriber churn through better QoE. The solution passively taps into the data, session and signaling layers of 3G, 4G LTE and Wi-Fi networks non-intrusively, complies with the 3GPP, IETF & IEEE standard protocols, without requiring any integration with the existing vendors.

The funding came from Navenby, a British Virgin Islands based investment company. It has a made a wide range of investments including internet infrastructure, application software delivered as a service, mobile products and services and new media convergence. Vistapointe is the first investment by Navenby in the mobile segment.

“Vistapointe has quickly scaled up: In 5 quarters, it has launched the product, established a customer base in North America and is pursuing large opportunities in the APAC region. It has built up technology and channel partnerships within the industry ranging from a market leader in Wi-Fi products to large system integrators” says Paul Tori, Director and Investment Manager, Navenby.

“The market is ripe: Mobile Operators are dealing with ongoing revenue erosion in their traditional voice & SMS revenues. They are exploring new business models and effective ways to deal with the mobile data explosion and the associated signaling storms. We provide an elegant and flexible solution. This round of funding will help scale our field operations and expand our customer foot print, said Ravi Medikonda, CEO, Vistapointe Inc.

http://vistapointe.net/

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