Tech Company Financing Transactions
eVolution Networks Funding Round
eVolution Networks, based in New York, secured $22.5 million in investment from GE Ventures and private investors.
Transaction Overview
Company Name
Announced On
5/20/2015
Transaction Type
Venture Equity
Amount
$22,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand its worldwide presence and promote its solutions to new industries, such as data center energy management.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
18 East 16th St.
New York, NY 10003
USA
New York, NY 10003
USA
Phone
Undisclosed
Website
Email Address
Overview
eVolution Networks solves one of the biggest problems mobile network operators face today: net income lost to high energy consumption by the mobile network. We believe that mobile networks must evolve into adaptive networks that use data analytics to manage Radio Access Networks.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Roy Morad
Chief Technical Officer
Idan Cohen
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We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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