Vantrix develops software platforms that optimize video and message traffic for carriers, ISPs and enterprises, enabling dynamic adjustment of video to meet network constraints while maintaining end-user quality. Its solutions combine bandwidth optimization, deep network traffic intelligence, and granular policy enforcement to reduce congestion from video, web content, and internet audio. Vantrix positions its technology to help operators monetize growing video traffic and balance user experience with cost-effective network usage. The company reports deployments to more than one billion subscribers across 75+ mobile networks on five continents. Vantrix will use growth capital from the financing to fund strategic growth initiatives and pursue near-term profitability goals. The company is backed by investors including Summerhill Venture Partners, Tudor Growth Equity, BDC Capital and JK&B Capital. Vantrix provides policy-controlled content optimization and delivery solutions for mobile network operators, focused on video and image transcoding, network and messaging optimization, and content traffic intelligence. Its flagship offering, Vantrix Bandwidth Optimizer, delivers configurable control and traffic insight to address congestion, quality of experience, cost savings, and revenue growth. The company says its solutions are configurable, scalable, and were developed to address video challenges beyond first-generation mobile optimization platforms. Vantrix reports deployments in over 75 networks, serving over 1 billion subscribers worldwide, and lists customers including Bell Canada, Sprint, Orange, Telefonica and T-Mobile. The company is headquartered in Montreal with offices in the United States and London. It plans to use proceeds from the recent funding to meet demand from its growing global presence in network optimization and content delivery. Vantrix Corporation is a Montreal-based provider of mobile video optimization and delivery solutions. Led by President and CEO Allan Benchetrit, the company's technology is designed to ensure content is delivered cost-effectively and with the best possible user experience across services, devices, and networks. Its solutions are deployed in over 70 networks and customers include Sprint, Orange, Telefonica, T-Mobile, TeliaSonera, MTS, Etisalat, Saudi Telecom Company and Tata Telecom. Vantrix has offices in London, Hong Kong, and Dubai. Financially, the company received a $3M venture debt financing from Wellington Financial LP. The proceeds are intended to help the company expand into new markets worldwide. Vantrix provides mobile video optimization and delivery solutions for streaming, browsing and messaging through its Mediadvance platform. The platform is currently used by major carriers including Sprint, Orange, Telefonica, T-Mobile, TeliaSonera, MTS, Etisalat, Saudi Telecom Company and Tata Telecom. The company completed a US$14m Series C financing to support its expansion strategies. The round was led by Tudor Ventures with participation from existing investors. In conjunction with the funding, Dan MacKeigan of Tudor Ventures joined Vantrix’s board. Vantrix is based in Montreal and also operates offices in London, Hong Kong and Dubai. Vantrix offers a mobile-focused rich media delivery platform and delivery tools that allow video to be easily viewed on cellphones. The platform helps content providers and carriers overcome device, screen size, codec, content format, media player and network fragmentation. Vantrix positions itself as an online platform delivery specialist for rich media on mobile. The company emphasizes removing technical barriers so carriers and providers can deliver ubiquitous and compelling new mobile services. Vantrix plans to use recent funding to expand operations globally and to invest in infrastructure and R&D to support its growing customer base. The company announced a $12 million Series B financing led by JK&B Capital as part of its current financial update.

Total raised

$47M

Funding rounds

5

Latest round

Debt Financing

Latest activity

Mar 2013