Arieso Secures Investment to Rev Up Development of Self-Optimizing Wireless Networks

QCOM | news | PowerRating | PR Charts -- Arieso, a wireless network optimization provider, has received $10M in a Series B investment led by Oxford Capital Partners and Qualcomm Ventures, the investment arm of Qualcomm Incorporated.

Arieso s existing shareholders, Add Partners and Top Technology, also participated in the Round.

Arieso said that its software optimizes the quality of service for mobile cell phone users, while minimizing costs for network operators. By simulating network use, Arieso specifies the optimal setup for individual base stations to improve performance from the existing network, and can assess the return on investment of any additional sites. O2 Group, Telefonica, AT&T Mobility, Sprint, Vodafone and Qualcomm are among the organizations already using Arieso s products.

The company noted that development work is underway to make Arieso s vision of self-optimizing networks a reality. Self-optimization focuses on the user experience by concentrating on where calls are being made and propagating adjustments in real time to continually fine-tune the network to respond to users demands for voice and data services. Shirin Dehghan, CEO of Arieso comments, The goal is to deliver new standards of quality in user experience, to seamlessly accommodate new services such as mobile TV, and to do this at a significantly reduced cost for operators.

Shirin added: This investment is a powerful validation of Arieso s vision. The strength of backing, global reach and expertise of all our investors provide a major platform as we continue our development in the US and Europe, and expand into Asia.

Richard Marsh, Oxford Capital Partners, commented: Arieso has demonstrated its ability to deliver technology which is truly world class, with a very clear vision to make self-optimizing cellular networks a reality. We were impressed by feedback from customers, and invested because we see a strong company with a product roadmap that addresses network operators needs to improve user experiences and reduce capital and operating expenditure.

Frederic Rombaut, head of Qualcomm Ventures Europe, commented: Arieso is solving real problems for cellular operators today by improving the quality and cost efficiency of their networks, and we are pleased to take part in this funding round.

The company noted that the exact amount invested is 5million.

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