IPTEGO Receives Financing from Intel Capital
Summary
IPTEGO, a Berlin, Germany-based supplier of Next Generation Network optimization software, received an equity financing of undisclosed amount from Intel Capital., a Berlin, Germany-based supplier of Next Generation Network optimization software, received an equity financing of undisclosed amount from The investment is a second closing of its first institutional investment round led by XAnge Private Equity.IPTEGO’s flagship solution, the PALLADION Software Suite, is designed to allow Communication Service Providers to make the customer experience measurable.The software works with any NGN deployment operated by mobile and fixed line carriers worldwide.Ulrich Abend, IPTEGO Co-Founder and COO, said: “Intel Capital’s investment will allow us to faster penetrate global markets and thereby ensure rapid growth”.
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