V3D Announces Funding for Ambitious Expansion in Mobile QoS Market
LYON, France, February 10, 2011 /PRNewswire/ -- VISION 360 DEGRES (V3D),pioneer editor of QoSand QOE measurement software running incommercial smartphones, has today announced the completion of a fund-raising round of one million Euros with investors SIPAREX Venture and Rhone-Alpes Creation.
V3D has already made its mark in the domain of QoS (Quality of Service) and QoE (Quality of Experience). The clear advantage for mobile operators is the possibility of extracting real-time KPIs (Key Performance Indicators) directly from commercial smartphones and 3G cards.
The new V3D management team comprises confirmed specialists in the mobile software arena. Jean-Marc Truong and Philippe Vial-Grelier, former co-founders and Co-CEOs of World leaderin Device Management, Swapcom,now intend to expand their team in Lyon and pursue business opportunities internationally. Operators in Europe, Africa and the Middle East have already shown strong interest in V3D technology's subscriber-centric approach. Embedded in the device itself, the V3D agent is able to capture the real-life experience of smartphones in everyday use.
According to Philippe Vial-Grelier, President and CEO of V3D,"V3Doperator customers acknowledge the competitive advantage gained from our services.This round of investment will support our expansion to a dedicated R&D and Commercial team. We are in a privileged position of being able to improve real time visibility of network performance for our mobile operator customers and trusted to pursueQoS/QoEopportunities identified together.We would like to thank our investors for supporting our expansion."
About V3D
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 usingsmartphones. Our software platform meets the high performance requirements imposed by the Smartphone usage boom in operator networks.
About SIPAREX Group
Siparex, founded 33 years ago, is France's independent middle-market private equity specialist.
The Group has more than EUR1 billion in assets under management, divided between "growth capital/LBO financing" for the middle market and "regional growth capital and innovation financing" for local-level innovative and technology companies. Siparex also consults on fund management in emerging markets. Siparex stresses geographic proximity to its investee companies. It covers all of France from its offices in Paris, Lyon, Besancon, Lille, Nantes, and Strasbourg, and it also has a presence in Madrid and Milan. The Group employs some 90 staff members, including 55 investment professionals.
About Rhone AlpesCreation:
Rhone-Alpes Creation mobilizes equity for young and high growth potential companies, which are based in the Rhone-Alps area. The majority of the capital is held by private sector organisms (such as banks or industries) with assistance from the regional authorities. The investment focus is companies in the information technology, bio technologies and environment sectors. Rhone-Alpes Creation is a French Private Equity company with a portfolio of 55 companies and 17MEUR under management.
For further details, please visit our website. Contact: contact@v3d.fr - http://www.v3d.fr- +33-481-761-370 Contact :s.touvron@siparex.com - http://www.siparex.com- +33-472-832-323 Contact : Isabelle BOU-ANTOUN - i.bouantoun@r-a-c.fr- http://www.r-a-c.fr - +33-472-523-939
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