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$20M Funding Boost for Guavus

$20M Funding Boost for Guavus

San Mateo, California-based Guavus, a leading provider of big data analytics solutions for operational intelligence, in a latest funding round has raised $20 million from investors and strategic partners that include Artiman Ventures, Sofinnova Ventures, Intel Capital, SingTel Innov8, Investor Growth Capital, QuestMark Partners, TransLink Capital and Goldman Sachs.

This round of funding brings its total investment to over $107 million. The company said it will use the funds to continue to innovate its award-winning operational intelligence platform and bolster its suite of decisioning applications for network, marketing, customer care and security.

Guavus has built its applications upon its unique analyze-first approach to streaming big data to specifically support network, marketing, customer care and security for the CSP and cable industries. 

Our strong customer base of the world's leading CSPs is a testament that any data-intensive enterprise can benefit from our applications. Our investors recognize that we continue to be at the forefront of innovation when it comes to solving the most difficult big data problems. We look forward to continuing to deliver business value to our customers and partners by strengthening our offerings specific to our market and ushering in a new era of operational intelligence." 

-       Anukool Lakhina founder and CEO of Guavus

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Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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