No 8 Ventures

OpenCloud secures £5 million investment and OEM agreement with Nokia Siemens Networks

Posted by: | Getting Funded | Glenn Milnes | Innovation | Investment | New Zealand | News | No8 Investments | Technology | Venture Capital | 05.10.2010

We were pleased to participate in a recent investment round into OpenCloud together with Nokia Siemens Networks (NSN) and Advent Ventures, are particularly pleased to see OpenCloud continue on its a rapid growth path. OpenCloud’s technology platform is being deployed into the heart of the world’s largest telecommunications companies – with 13 new tier-1 customer wins in the past year across operators such as Vodafone, BT, T-Mobile, Telkomsel and China Mobile. The investment from NSN, together with an OEM agreement that sees OpenCloud’s Platform become integrated into NSN’s charging product suite, is a strong endorsement of OpenCloud’s products, strategy and team.

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