Acision To Receive $100M in Funding
Summary
, a global provider of innovative solutions which enable mobile operators to control, optimize and monetize mobile data traffic, has agreed to receive a $100m The round was led by existing shareholders Access Industries, with participation from co-shareholders International Investment and Underwriting (IIU) and Atlantic Bridge.Commenting on the financing, Rory Buckley, Chief Executive at Acision, said: “This commitment provides us with the opportunity to capitalise on the exponential growth in mobile data, but is also testament to our robust business model, operator track record and growing footprint in fast-paced, high-growth markets such as mobile broadband.The company has 230 customers in 100 countries across six continents.Clients include Telus, Mobilink, Videocon Telecommunications Ltd, VimpelCom, MTS and Tata Teleservices Ltd.Acision currently employs over 1,600 people worldwide.FinSMEs 06/10/2010
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