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Investments and Expansions

UK Hotspot Startup Purple WiFi Raises $5 million to Expand Free Social WiFi Service Abroad

Purple WiFi, the UK-based WiFi social login and location analytics platform, has raised $5m in funding to accelerate its international…

Moovit Raises $50M Funding Led by Nokia Growth Partners (NGP)

Moovit, the intelligent public transport App which helps users to travel on public transport the 'smartest, speediest and easiest way…

Colombian CSP Emcali Selects Alepo’s Carrier Grade AAA and Policy Control to Enhance Triple Play Services

Emcali, Colombian communications service provider has selected Alepo’s carrier grade AAA solution to power its triple-play broadband services across multiple…

In-memory Specialist MongoDB Raises $80 Million, On-Boards Carlos Delatorre as Chief Revenue Officer

MongoDB, a leading database company serving a multitude of large and medium organizations across many sectors, has secured an additional…

Sprint Closes $2.1 Billion Vendor Financing with Nokia Networks, Samsung & Alcatel-Lucent

Sprint on Wednesday announced that it has signed a series of financing agreements with three major vendors- Nokia Networks, Samsung…

South Korea's Internet Giant Daum Kakao Launches $90M Investment Fund

Daum Kakao, South Korea’s largest Internet company and the firm behind South Korea’s most popular messaging app Kakao Talk with…

Qubole Secures $13 Million Funding to Expand Big Data-as-a-Service Platform

Qubole, a leading provider of Big Data in the cloud, has secured $13 million in funding led by Norwest Venture…

Alcatel-Lucent’s Bell Labs Opens 2nd Worldwide Video Research Center in Cambridge UK; Co-located with AlcaLU's IP Video Business

Alcatel-Lucent’s Bell Labs has opened a new ‘antenna’ office in Cambridge, UK, second of its kind after its opens the …

NTT Com Customer Centers Certified Under International COPC CSP Standard

NTT Communications announced today that its two contact centers—"Customers' Front" and "Billing Customer Center" - have been certified under the…