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Saguna develops caching and optimization technology for radio access networks. See "[Heavy Reading]: Mobile Caching - 'part of larger traffic management solutions'" - here.
My sources say that several global equipment vendors are in the process of integrating its technology into their base stations/backhaul products. One of which is the above mentioned vendor who led the current round.
See "Mobile Internet co Saguna Networks raises $3m" - here.
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