Tech Company Financing Transactions
Aepona Funding Round
BlackBerry Partners Fund, Amadeus Capital and Innovacom participated in a $10 million funding round for Aepona. The financing round was announced by the company on 5/6/2010.
Transaction Overview
Company Name
Announced On
5/6/2010
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Aepona, whose revenues grew 50% year-on-year from 2008 to 2009 with positive EBITDA, will use the new round of funding to accelerate its commercial growth. It will invest in additional sales and business development resources to take advantage of the market opportunity that the growing global demand for mobile-enabled applications presents for both the company and its mobile operator customers.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
20 - 24 York St. Interpoint Bldg.
Belfast, BT15 1AQ
Ireland
Belfast, BT15 1AQ
Ireland
Phone
Website
Email Address
Overview
Aepona is a leading provider of telecommunications software that enables innovative service delivery solutions for operators worldwide. Aepona's products are deployed by fixed-line and mobile carriers on three continents enabling rapid roll-out of cost-effective, value-added and customer loyalty enhancing services.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Allen Snyder
Chief Financial Officer
Michael Black
Chief Technical Officer
Richard McConnell
VP - Bus. Development
Kevin Wagner
VP - Engineering
Liam McQuillan
VP - Marketing
Michael Crossey
VP - Sales
Mike Mayfield
Browse more venture capital transactions:
Prev: 5/6/2010: NetBooks venture capital transaction
Next: 5/7/2010: Criteo venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to document funding rounds that are announced publicly. All VC database entries reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs