Mobile Network Startup Vasona Raises $14.6M

April 7, 2016 | Israeli mobile network management company Vasona Networks has closed a $14.6 million series C financing round, bringing total funds raised by the company to $48 million. Participants in the funding round include Bessemer Venture Partners, New Venture Partners and NexStar Partners. Founded in 2010, with offices in San Jose, California and Tel Aviv, Vasona Networks provides platforms for mobile network capacity, resource management and edge intelligence. The financing builds on global momentum that has seen the company’s solutions used by tier-one mobile network operators in four of the world’s largest cities, including announced use by Telefónica UK in its London O2 system. The additional venture capital supports these deployments and drives ongoing research and development efforts, such as extension of Vasona Networks’ leadership in the emerging edge computing movement.