Optimized mobile content delivery solutions developer Vantrix has announced that it has received US$13.5 million in funding. The Series D round was led by existing investors Summerhill Venture Partners, JK&B Capital and Tudor Ventures, with pro rata participation from BDC Venture Capital, Innovacom and Entrepia Ventures.
“Our continued commitment to Vantrix is a result of our strong belief that mobile operators need solutions to intelligently manage the wide variety and ever-increasing volume of media in their wireless networks today,” said Joe Catalfamo, Managing Director at Summerhill Venture Partners. “Vantrix has demonstrated through its recent wins and deployments that its network and messaging optimization products deliver the configurable control wireless operators need for service differentiation and monetization.”
“Since its inception, Vantrix has been at the forefront of video and image transcoding, mobile network optimization and content traffic intelligence with deployments at major network providers in every global theatre,” said Jim Knapik, CEO of Vantrix. “We are very pleased by this new round of financing and plan to use it to meet the demands of Vantrix’s growing global presence in network optimization and content delivery.”