The funding round was led by Bessemer Venture Partners and Pitango Growth, with the participation of private investors.

The largest telecom services provider in the Asia Pacific region, Singapore Telecommunications (Singtel), announced that it has acquired mobile advertising solutions provider Amobee Inc. for $321 million in cash. Since its foundation in 2005, Amobee raised $54 million. The company develops software that customizes ads to users of mobile phone media, such as video clips, […]

Israeli startup Traffix Systems will be sold to the American company F5 for $130 million. Traffix, founded in 2005, supports 4G telecommunications service providers. The Traffix Signaling Delivery Controller enables carriers to maximize network performance with innovative routing, load balancing and gateways solutions based on the IP-based industry standard protocol for signaling, known as Diameter. […]