MOUNTAIN VIEW, CA, MATRIXX Software announced that Swisscom Ventures invested in the company.
MATRIXX Software today announces that Swisscom Ventures, the venture capital arm of Communications Service Provider (CSP) Swisscom, has invested in MATRIXX Software.
MATRIXX Software brings real-time processing for telecommunications into the 21st century by delivering CSPs instant visibility, intelligence, and control of data services across their mobile networks. Using hyper-efficient smart-charging technology together with mobile apps and dashboards, the solution transforms network traffic into actionable information that CSPs need as smart devices go mainstream. The solution is built with patent-pending technology that provides a 100 times increase in performance and efficiency.
Until now, real-time has been an expensive, niche technology; with MATRIXX Software, this quantum leap in performance makes convergent real-time deployable on a commercial scale. CSPs can finally reap the benefits of real-time customer interaction without incurring the massive investments required to deploy traditional real-time systems.
Swisscom is Switzerland's leading telecom provider renowned for its visionary technological approach with consumers and enterprises. Swisscom Ventures invests in innovative areas that are strategic for Swisscom with mobile broadband solutions being a crucial area of investment.
Next generation networks such as LTE bring new devices and much faster speeds, making real-time customer interaction the key to opening up a horizon of revenue streams and opportunities. This drives fundamental shifts in strategy with respect to how mobile broadband services are managed and priced, and requires the supporting technology infrastructure to be an interactive, highly responsive real-time environment.
"We're very excited about MATRIXX Software's vision for mobile broadband," said Stefan Kuentz, investment officer with Swisscom Ventures. "We only make a few investments out of hundreds of opportunities each year, and this investment allows Swisscom a prime position to profit from the tremendous growth of mobile broadband services."
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About Swisscom Ventures
Swisscom Ventures is the corporate venturing arm of Swisscom AG, Switzerland's leading telecom operator. The unit was founded in 2005 as a division of Swisscom's group level activities, and is focused on investing in early stage growth companies with strategic relevance to Swisscom and its operating business lines. For more information, visit www.swisscom.com
About MATRIXX Software
MATRIXX Software enables NOW. We give Communications Service Providers instant visibility, intelligence and control of services across your network. Our patent-pending, smart charging technology ensures a seamless, intuitive service experience that empowers your subscribers - in the moment, every moment. Delivering a 100 times increase in efficiency and scalability, we equip you with the only solution designed specifically for the data generation. Charging. Policy. Insight. Value. NOW. For more information, visit www.matrixxsw.com.
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