Wednesday, December 16, 2015

CellMining Raises $5M to Further Develop SON

Another Israeli startup in the fast growing SON space (see "SON Market to Reach $4B (2017)" - here) raises funds  (see "Cellwize Secures $24.5M to Boost its SON Solutions" - here) following  the success of Intucell ("Cisco to Acquire SON Vendor Intucell; $475M" - here)

CellMining announced that it has" successfully closed a Series A funding round with a total value of $5 million, led by Lazarus Israel Opportunities Fund. This investment will help fund the Company as it further develops its pioneering subscriber-centric mobile network optimization capabilities, and will help it to expand into new markets. 

CellMining’s Behavior-Based SON™ solution analyzes the subscriber network experience in a unique way, identifying usage patterns to optimize network performance based on Customer Experience Management (CEM) metrics. This goes far beyond the capabilities of existing SON technologies, which offer mobile network operators (MNO) only limited ability to understand, measure and improve their subscriber experience" 

See "CellMining Raises $5M to Advance CEM-based SON" - here.

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