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Aria Networks receives $4 mil investment funding

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Krystal
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CHIPPENHAM, UK: Aria Networks announced it has received $4 million of investment funding in a round led by Seraphim Capital supported by the Capital for Enterprise Fund. Aria Networks will use the investment to further accelerate the growth of its customer base and to capitalize on the strategic industry partnerships it has secured in the past year, which are rapidly opening access to new markets.

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Aria Networks' Capacity Management platform combines resource and financial management to enable telecoms and cloud solutions providers to enhance their profitability. Recent consolidation in the market for capacity management solutions means that Aria Networks' independence, along with its unique solutions for IP-Optical, 4G Mobile and Software-Defined-Networks (SDN), are driving new growth opportunities around the world.

The company says that these changing market dynamics have resulted in new partnerships with global equipment manufacturers and software-vendors, which are now actively taking Aria Networks' solutions to their existing telecoms and cloud solutions customers.

Mark Boggett, MD of Seraphim Capital, said: "We are delighted to be supporting Aria Networks and working with the team to capitalise on the growth in capacity management and the emerging opportunities driven by Software Defined Networking. We are also excited about Steve Newton taking an executive role in the business as he brings a wealth of experience in growing software businesses."