Aepona develops a software engine that powers a Network as a Service (NaaS) business model for mobile operators, allowing them to monetise network assets and functionality such as billing, location, messaging and voice. The platform exposes operator capabilities to open new revenue opportunities and commercial models. Aepona reported revenues that grew 50% year-on-year from 2008 to 2009 and positive EBITDA. The company said it will use the new funding to accelerate growth and invest in additional sales and business development. Aepona is based in Belfast and focuses on expanding commercial traction with mobile operators. The product roadmap and go-to-market plans are centered on scaling sales and business development efforts with operator customers.

Total raised

$10M

Funding rounds

1

Latest round

Equity

Latest activity

May 2010