Aepona Receives Strategic Investment from SAP Ventures

Funding Rounds

Summary

Aepona, a Belfast, Northern Ireland, UK-based software company that enables collaboration between mobile operators and application providers, has received a strategic investment from SAP Ventures, a division of SAP AG.the completion of the $10 million funding round announced by Aepona on May 6, 2010, is in line with the SAP Ventures’ strategy to help build industry-leading technology companies that complement the range of enterprise application and solutions that SAP brings to market.This investment, which represents, is in line with the SAP Ventures’ strategy to help build industry-leading technology companies that complement the range of enterprise application and solutions that SAP brings to market.In particular, Aepona’s a Network-as-a-Service (NaaS) Universal Service Platform provides application developers with access to mobile network capabilities, such as voice communications, location services, messaging and billing, making it easy to enrich enterprise applications with new mobility features.This, consequently, allows businesses to implement communications-enabled business processes that increase efficiency, enhance customer service and improve competitiveness.

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Amount $10.0M Total raised
Date June 30, 2010 Announcement date
Investors BlackBerry Partners Fund, Amadeus Capital Partners, Sutter Hill Ventures, Polaris Partners, Sapphire Ventures, LLC, Innovacom, Nordic Venture Partners Lead investors
Company http://www.aepona.com Funded company

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Collaboration & Communication

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