V3D, a Quality of Experience Software Editor for Mobile, Finalizes a 2.2 Million Euros Funding
LYON, France, December 3, 2012 /PRNewswire/ --
VISION 360 DEGRES (V3D), pioneer editor of Quality of Service (QoS) and Quality of Experience (QOE) measurement software running in commercial smartphones, has today announced the completion of a fund-raising round of 2.2 million Euros with investors Siparex Proximité Innovation and Iris Capital in association with Rhône-Alpes Création. Funds will help V3D to grow and expand on international mobile market.
Founded in 2007 and recovered in 2010 by former funders of Swapcom - Mobile Device Management worldwide leader - V3D is today recognized amongst industry leaders. The company mixes a technical expertise in software development with a strong knowledge of Europe, Asian, African and Middle East telecom market.
Today, Carrier Service Providers are focused on quality. This is why major mobile operators have adopted EQualOne, the V3D technology's subscriber-centric product. EQual One is a key piece of Customer Experience Management (CEM) platforms proving performance and quality monitoring as it is experienced by users with their mobile smartphones and 3G/LTE dongles. EQualOne enables mobile operators to adapt their offer to the high level of performance imposed by mobile market booming, upcoming 4G and increasing customers' quality demand.
According to Philippe Vial-Grelier, CEO of V3D, "We would like to thank our investors for trusting and supporting us. We are now ready to extend our international development and to innovate in quality customer-centric solutions for the mobile eco-system."
"We are very happy to finance again these two entrepreneurs after the success of our investment in Swapcom and to support V3D in this new stage of growing" complete Guillaume Meulle, Partner at Iris Capital.
"Once again, SIPAREX Group trusts V3D's team and work, we are proud to help this French pioneer in mobile QoE/QoS industry," add Michel Faure, Managing Partner at Siparex Proximité Innovation.
"We are pleased to welcome on board IRIS Capital, whose well-known expertise in the telecom industry empowers V3D's development plans," added Sébastien Touvron, President at Rhône-Alpes Création.
V3D is an independent editor of QOS and QOE software. Founded in 2006, V3D software development skills and knowledge of operator environments enables delivery of turnkey solutions for monitoring the operator network using smartphones. Our software platform meets the high performance requirements imposed by the Smartphone usage boom in operator networks.
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About Iris Capital
Iris Capital is a pan-European venture capital fund manager specializing in digital economy. Since its inception in 1986, the Iris Capital team has invested more than €900 million in more than 200 companies.
Iris Capital targets opportunities in service or technology companies, seeking growth capital in order to realize their strategy. It provides active support to its portfolio companies on the basis of its strong sector specialization and experience, and has offices in Paris, Düsseldorf, San Francisco, Montreal, Riyadh, Dubai, Beijing and Tokyo.
In 2012 Iris Capital has entered into a strategic partnership with Orange and Publicis to manage their joint venture capital initiative..
Contact : Kablé Communication Finance - firstname.lastname@example.org - +33(0)1-44-50-54-74
About Siparex Proximité Innovation
Subsidiary of Siparex Group and La Française AM with 400 m€ under management, Siparex Proximité Innovation is dedicated to private equity investments and operates in the field of SMEs and innovative companies. Siparex Proximité Innovation comes from the merge in september 2012 of UFG-Siparex and Sigefi Venture Gestion (a specialized team in innovation of Siparex Group).
Siparex Proximité Innovation focuses its investments on growing companies, or regional mature companies, both in innovation and traditional businesses mainly in France. With an yearly renewed offer of fiscal funds (FCPI and FIP), Siparex Proximité Innovation provides private subscribers with its investing experience and know-how cultivated for institutional sponsors since 1977.
About Rhône-Alpes Création
Since more than 20 years, Rhône-Alpes Création is the financing partner for early stage start-ups, investing in equity to help financing the initial phases of their development. Incepted by Région Rhône-Alpes with support of local banks and managing 40 m€, Rhône-Alpes Création is a privately held company playing a key role in the early stage financing ecosystem, at seed and venture capital levels, with more than 230 companies supported to date. With a team of 7 investment professionals, Rhône-Alpes Création currently manages a portfolio of 56 promising companies.