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§ Private Profile · Waterloo, ON, Canada
Provides telecommunications software and infrastructure for mobile network operators, focused on video traffic management and QoE.
Founded in 2008 by Mate Prgin and Michael D. Gallant, Avvasi Inc. was a Waterloo, Ontario-based telecommunications company providing carrier-grade mobile video wireless infrastructure and traffic management software. The company's enterprise solutions enabled mobile network operators to accurately measure, optimize, and monetize mobile video services through advanced quality of experience analytics and network monitoring. Operating with an estimated 11 to 50 employees, the business successfully secured approximately $14 million in total venture capital funding to develop its innovative products. This financial backing included a 2012 Series B round and investments from prominent institutional backers like Celtic House Venture Partners, BDC Venture Capital, Relay Ventures, and Tech Capital Partners. Following years of independent operations, the company's core technology and assets were ultimately acquired by NETSCOUT Systems in August 2017 to enhance its service assurance and video analytics portfolio.
Avvasi Inc. has raised $15.0M across 1 funding round.
Avvasi Inc. has raised $15.0M in total across 1 funding round.
Avvasi Inc. has raised $15.0M in total across 1 funding round.
Avvasi Inc.'s investors include Celtic House Venture Partners, Tech Capital Partners, Ontario.
Avvasi Inc. has raised $15.0M across 1 funding round. Most recently, it raised $15.0M Series B in February 2010.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 1, 2010 | $15M Series B | Celtic House Venture Partners, Tech Capital Partners | Ontario | Announced |