Vasona Networks raised $14.6 million to further edge computing R&D, drive QoE
In a mobile data landscape dominated by video content, service providers are shifting KPIs to focus on end-user quality of experience, which can be bolstered by edge computing, among other techniques.
Highlighting the increasing importance of edge computing to operator bottomline, Vasona Networks this week announced $14.6 million in venture capital funding bringing total investment in the company to $48 million. According to the company, the cash infusion will support existing deployments and fund further research and development. Investors include Bessemer Venture Partners, New Venture Partners and NexStar Partners.
“We are working with the world’s top mobile network operators on pressing and emerging needs, including the constant pursuit of better mobile experiences,” said Vasona CEO Biren Sood. “As operators turn their focus to edge-based traffic management for the most value, flexibility and control, our capabilities best meet business and network demands in any market.”
RCR Wireless News caught up with Vasona CTO Rui Frazao, formerly the longtime director of network engineering for Vodafone, during Mobile World Congress 2016 to discuss the value of mobile edge computing to consumers and operators in a video-dominated world.
“Edge computing and virtualization are a new infrastructure that will help the operators to be more agile and flexible in addressing the change in user behavior,” Frazao said. “Some applications can be much better served at the edge rather than at the traditional core of the networks.”
