posted at 22:50
Author: Business Wire
Tue, 21 Oct 2014 05:25:19 +0000
Benu Announces $27.7 Million Strategic Funding, and Hires Tech Veteran Dino Di Palma as CEO
Benu Networks, the innovative provider of networking and software solutions for network operators deploying Wi-Fi and Cloud services, announces strategic investors Liberty Global Ventures and Arris Group participate in Benu's funding round of $27.7 Million. Benu announces the hiring of industry tech veteran Dino Di Palma as Chief Executive Officer. "Liberty Global Ventures invests in companies which provide high strategic value to the cable industry, and we are excited to work with the Benu team to deliver innovation around Wi-Fi and Cloud," said Ankur Prakash, Vice President of Liberty Global Ventures. "Dino brings a proven track record building global teams focused on serving large network operators," said Jim Dolce, Chairman of the Board at Benu. "The opportunity to lead the Benu Networks' team in providing its innovative technology to the global market is compelling," said Di Palma. About Benu Networks: Our mission is to transform the Network Operator's business model from providing a pipe as a service, to offering revenue generating services to subscriber devices and sessions, creating a unique experience and value. Benu is a venture funded company, led by Spark Capital, Sutter Hill Ventures, and Comcast Ventures. For more information, please visit the Benu Networks website: www.

Posts Archive