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Swisscom Ventures Invests in Matrixx Software
Published on:
Swisscom Ventures, the venture capital arm of Swiss telco, Swisscom, has invested in Matrixx Software, a provider of network monitoring software.
Financial terms were not disclosed.
Matrixx Software says that its software combines smart-charging technology together with mobile apps and dashboards. The solution is built with patent-pending technology that provides a 100 times increase in performance and efficiency.
"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."
Tags: [swisscom] [matrixx software] [Switzerland]
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