Investors smile on Aepona, Colibria

Two European companies in the wireless telecom sector announced new infusions of venture capital funding. Aepona, a supplier of telecom infrastructure and application platforms to operators in Europe, received $10 million from its existing investors Amadeus Capital Partners, Polaris Ventures and Trinity Venture Capital. Separately, Colibria, a provider of mobile instant messaging server technology and handset clients, received $12.9 million from its current lead investors Northzone Ventures, Verdane Capital and Ferd Venture.
Aepona, which is headquartered in the United Kingdom, has now received a total of $45 million with funding from previous rounds in 2003 and 2005. “We now want to accelerate our growth by investing in new products and solutions, scaling up our resources and business processes, and expanding our geographical presence,” Aepona CEO Isaac Olasoko said.
Norway-based Colibria says it scored a 400-percent increase in revenue last year and expects to continue its expansion. “We will be harnessing these additional funds to cement our position at the forefront of the mobile instant messaging market-supporting our strategic expansion internationally and building our extensive portfolio of solutions,” Colibria CEO Keith Gibson said.