Opanga, a global leader in AI-powered network optimization solutions, announced it has received strategic investments from Boulder Ventures, Cisco Investments, the global corporate venture investment arm of Cisco, Grayhawk Capital, and Trilogy Equity Partners.
This financing will support future product development, sales and marketing for Opanga’s AI-driven platform, RAIN, as the company continues expanding its deployments with global telecom operators to enhance network optimization and improve real-time customer experience across the telecom industry.
For more than a decade, Opanga has been at the forefront of network optimization. The company’s RAIN platform has revolutionized the industry, empowering operators to dramatically improve network efficiency, reduce energy consumption, and unlock real-time intelligence down to the user and application level. Recent Tier 1 network trials demonstrate RAIN’s industry-leading ability to slash network energy consumption by 41%, without compromising performance.
Cole Brodman, CEO of Opanga
We are grateful to Boulder Ventures, Cisco Investments, Grayhawk Capital and Trilogy Equity Partners for their support and investment in our vision. Given the rapidly growing demand for RAIN, their commitment and funding are instrumental in propelling our continued growth and innovation at a time the telecom market is rapidly expanding its deployment of AI-driven capabilities to enhance network performance.
Kishen Mangat, General Partner at Boulder Ventures
Opanga has experienced impressive momentum and continues to expand and deploy its offerings with leading network operators around the globe. We’re proud to be part of the company’s next phase of growth.
Brad Horwitz, co-founder, Trilogy International Partners
This milestone is a testament to the impressive track record Opanga has developed and its opportunity ahead. There’s a tremendous need in the telecom industry for the company’s AI-driven RAIN platform and the significant operational efficiencies and cost savings it drives.
