Revenue assurance solutions co cVidya raises $5 million

cVidya has also received new contracts worth NIS15 million.

Revenue assurance solutions co cVidya Networks Ltd. has raised $5 million from Plenus Venture Lending Fund.

cVidya has previously raised $28 million from Hyperion Israel, Battery Ventures, Carmel Ventures, StageOne Ventures and Star Ventures.

cVidya has also received orders worth NIS 15 million. The company has received a $10 million order from South African firm MTN to install a revenue assurance network in partnership with HP. The second contract worth NIS 5 million is with the Uruguayan national communications company Antel.

Published by Globes [online], Israel business news - - on April 26, 2009

© Copyright of Globes Publisher Itonut (1983) Ltd. 2009

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018