Ampliphae Ltd, based in Belfast, Northern Ireland, has closed a funding round of £1M (approximately $1.3M) which will be used in developing ground-breaking products to simplify the operation of telecommunications networks, and hence ensure that enterprises can exploit the full potential of Cloud Computing.
Ampliphae develops ‘virtualised network’ products that enable telecommunications operators and enterprises to change the way they operate their networks. Ampliphae’s deep network analytics provide unprecedented visibility into the traffic flowing across the network, using machine learning to enable Context Aware Networking that supports business-critical Cloud and SaaS services. The Ampliphae virtual network dynamically prioritises and steers critical traffic flows to optimise and assure the user experience of enterprise Cloud applications.
The investment round was led by VC fund Crescent Capital III LP (Belfast NI). Ampliphae has already been working with major network equipment providers and global telecoms service providers, and has assembled a world class team with backgrounds in telecoms, network management and analytics. This investment will underpin growth and accelerate product development.
“Static and inflexible wide area enterprise networks have not kept pace with changing demands as enterprises move to Cloud Computing” said Ampliphae Co-founder and CEO, Trevor Graham. “Ampliphae is changing that by applying machine intelligence to the network – we can monitor in real time, understand the network flows supporting key Cloud and SaaS applications, and continually optimise the network for business-critical applications.”
Deirdre Terrins, who originated and manages the investment for Crescent Capital III LP said the deal shows that the Fund believes strongly in the sector. “We believe that Ampliphae is building truly disruptive technology which will be a key enabler for service providers as they support their customers in the journey to Cloud. We are looking forward to supporting the development and success of this exciting new company.”
About Ampliphae Ltd (www.ampliphae.com)
Ampliphae Ltd, based in Belfast, Northern Ireland, is an innovative start-up that is revolutionising how service provider and enterprise Wide Area Networks (WAN) are configured and operated to support Cloud Computing. Cloud is bringing unprecedented flexibility and efficiency to the IT infrastructure of companies of all sizes, and Ampliphae is ensuring that the enterprise network can support business-critical hybrid Cloud and SaaS applications.
About Crescent Capital III LP (www.crescentcapital.co.uk)
Crescent Capital is a Belfast based venture capital fund manager with over two decades of experience and a strong track record of successful venture investing in the region. Ampliphae is one of the investments in an emerging investment portfolio which Crescent is building with its latest fund, Crescent Capital III LP.