Big data analytics firm Guavus, which focuses on helping telecoms companies make more sense of their streams of network data, has raised $30m for the expansion of its core products.
Founded in February 2006, San Mateo, CA-based Guavus develops big data analytics solutions which analyze data prior to storage. These include the Guavus Reflex platform which displays insights through graphical dashboards, and allows users to output data into a PDF, XML or CSV file format for further analysis on other platforms.
The latest funding, which brings the total raised to date to $78m, was led by Investor Growth Capital (IGC) with participation from QuestMark Partners and previous investors Artiman Ventures, Sofinnova Ventures and Intel Capital.
Anukool Lakhina (pictured), founder and CEO of Guavus, comments: 'New investors IGC and QuestMark, along with our existing investors, recognize that our success with some of the world's largest carriers coupled with this round of investment positions us for long term growth as we look to expand our proven solutions globally.'
Web site: www.guavus.com .
All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas unless otherwise stated.