RAMAT GAN, Israel, Sept. 13, 2018 /PRNewswire/ -- Israel's BD-Innovations, which specializes in software systems development for communication and infrastructure companies, announced today the raising of $2 million from a strategic investor group led by 4Mula Partners. The new investment is intended to help the company market its unique platform and expand the product offerings to CORE NETWORK.
The group that made the investment specializes mainly in cellular communication networks and markets, having complementary products to those hosted by BD-Innovations. The combination of products creates a unique platform of its kind. It will enable new communication providers, including MVNOs and IoT service providers, to offer their customers, such as established communication companies, a full-service package, with equally flexible control systems, even on a relatively limited budget.
BD-Innovations' main area of expertise is in the field of BSS, which is the basis for billing and customer relationship management (CRM) for global communication companies. In addition, the company specializes in supplying control to infrastructure companies like water and electricity, with the ability to issue unique invoices at the end of each month. This includes all the services consumed, such as communications, electricity, water and more. BD-Innovations' systems enable customers to control the services they provide, open or close any remote service, easily add additional services, as well as charge and schedule billing times. BD-Innovations' new platform is compatible with changes in the communications market and is a real game-changer- making it easier for new mobile operators to enter this field by providing a license to use cloud-based BSS systems.
"We meet many new cellular operators who find it difficult to pick up networks when they do not yet have enough subscribers to return the investment, so the solution we offer is both technological and innovative, with a variety of services, and from a business standpoint, they start small and pay a modest monthly payment," said Daniel Goldberg, co-CEO of BD-Innovations.
About BD Innovations
BD-Innovations is a private company owned by founders Daniel Goldberg, Boris Shagalov and Boris Pliss. Since its establishment eight years ago, the company has been on the technological forefront of communications providers. In the past two years, the company has expanded its operations into two additional fields: IoT and a cutting-edge digital wallet.
BD Innovations started off as a provider of Business Support Systems (BSS) to communications providers around the world. Today, the company has customers in the Far East, Africa, Europe and Israel.
SOURCE BD Innovations