Connectiva raises $17M for telecom infrastructure
Connectiva Systems, a New York, NY-based telecommunications software company, has raised $17 million from NEA – IndoUS Ventures, IFC, SAP Ventures and Ovation Capital.
The product suite that Connectiva sells to telecom operators works with their existing infrastructure to help bring in additional revenue, both through customer and credit tracking and fraud prevention. It also includes an analytics package.
Although headquartered in New York, Connectiva has a center in Kolkata, India that employs over 300 people.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.