Guavus has raised $30 million of new funding from new and existing investors, expected to help bolster its presence and offerings for communications services provider (CSP), cable and media customers worldwide.
In addition, Guavus intends to accelerate its expansion into the industrial Internet of Things (IoT) market where sensor-generated streaming data is transforming key industries such as logistics, mining, oil and gas, smart cities, and retail, with the ability to provide real-time insights for predictive maintenance, track and trace, asset management and optimization.
Built on the proven Guavus Reflex operational intelligence platform, Guavus products promise customers to gain a holistic, cohesive view of network state and business context in real-time.
Guavus claims to break down the barrier between OSS and BSS to enable customers to more efficiently plan network capacity, improve service operations and deliver a better customer experience by understanding the quality of service down to a precise network element level and respond proactively.
The analytics products provide insights that can further be embedded into workflows to create automated business processes and closed loop decision support systems.
“With this additional funding, we can extend our presence into new geographies and markets and put these powerful analytics applications into the hands of more businesses for even greater productivity,” said Anukool Lakhina, founder and CEO of Guavus.