Ottawa's LiveQoS Closes $4 Million Series C Round

Posted by Techvibes NewsDesk

On the heels of announcing its acquisition of Openera, Ottawa's LiveQoS announced today it has closed a $4 million Series C round of financing led by Miralta Capital.

The funds will be used for development and launch of LiveQaaS, a mobile Quality as a Service platform.

"LiveQoS's traditional deployment model is on-premise. Now we've built the powerful capabilities of our IPQ™ QoS framework to be delivered as a service," explained LiveQoS® CEO, Martin Horne.

"This will enable us to meet the growing demands of mobile app developers and mobile device manufacturers who want to deliver the best quality of experience to their end-users. We are already working with some well-known companies and are excited for our further development."

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"The concept of mobile Quality as a Service® just made sense. We know this has enormous market potential and is a sound investment," said Tom Kaneb, Managing Director from Miralta Capital. "The bar is being set increasingly high in mobile. Users expect apps to run smoothly, react responsively, and without lag. LiveQaaS can help app developers deliver on that user expectation."

Miralta Capital is one of Canada’s oldest and most successful private equity investment firms with over 30 years of investing experience.

Company:
Openera
Website:
http://www.openera.com
Location:
Ottawa, Ontario, Canada

Automated Filing for Everyone. Openera automatically organizes email and cloud files to meet corporate compliance requirements and allow the right people to find files fast. Openera is a SaaS compliance gateway that applies corporate policies to files flowing through connected email and cloud accounts. The file analytics dashboard allows companies to find, analyze and auto-file important documents, and the mobile... more

Company:
LiveQoS
Website:
http://www.liveqos.com
Location:
Ottawa, Ontario, Canada

LiveQoS is #1 in end-to-end Quality of Service (QoS) for real-time applications. That’s because only LiveQoS has IPQ™ to find and fix the problems on any wired and wireless network. This guarantees the best video and virtualization experience for smartphones, tablets, laptops and thin clients. The company’s IPQ™ technology enables OEMs to optimize the network quality to suit the exact requirements of specific... more


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Techvibes NewsDesk

Techvibes NewsDesk

Techvibes is Canada's leading technology media property.Founded in 2002, Techvibes covers technology and business news that impacts Canadians. We combine breaking local news with international coverage to deliver a unique balance of insight and information. The Techvibes Newsdesk covers a broad beat and publishes general news stories. If you have a story you would like covered, email... more



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