Arieso has reportedly secured $10m in a Series B investment led by Oxford Capital Partners and Qualcomm ( News - Alert) Ventures, the investment arm of Qualcomm Incorporated. The existing shareholders of Arieso’s, Add Partners and Top Technology, also participated in the Series B round. The funds will be used for accelerating the development of self optimizing wireless networks.
Arieso's ( News - Alert) software not only optimises the quality of service for mobile cell phone users but also minimises capital expenditure and operating costs for network operators. Because Arieso simulates network use, it specifies the optimal setup for individual base stations. This improves performance from the existing network, and assesses the return on investment of any additional sites. Some users of Arieso's products include O2 Group, Telefonica, AT&T ( News - Alert) Mobility, Sprint, Vodafone and Qualcomm.
The development work has already begun. Arieso’s self-optimisation concentrates on where calls are actually being made and propagates adjustments in real time to continually fine-tune the network to respond to where users are and their demands for voice and data services.
According to Shirin Dehghan, CEO of Arieso they aim to deliver new standards of quality in user experience, and seamlessly accommodate new services such as mobile TV at a significantly reduced cost for operators. Indicating that this investment is a powerful validation of Arieso's vision, he said that the strength of backing, global reach and expertise of all their investors provide a major platform as they continue their development in the US and Europe, and expand into Asia.
Richard Marsh, Oxford Capital Partners, said that Arieso has demonstrated its ability to deliver technology which is truly world class and has a very clear vision to make self-optimising cellular networks a reality.
March added that their company was highly impressed by feedback from customers, and invested because they see a strong company with a clear product roadmap that addresses network operators’ needs to improve the user experience and reduce capital and operating expenditure.
Anuradha Shukla is a contributing editor for TMCnet, covering call centers, CRM and information technology. To see more of her articles, please visit her columnist page.
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