Big data company Guavus has raised another $9m after a round led by new investors Goldman Sachs. It has also revelaed that the APAC region is top of its list of world targets.
Translink Capital, an Asian VC firm, joined the round, adding to a protracted list of investors including Investor Growth Capital, QuestMark Partners, Artiman Ventures, Sofinnova Ventures and Intel Capital.
The company received $30m in January to further develop its core data analytics products and scale its operations. It then announced the buyout of Neuralitic along side a partnership with Teradata. The corporate will continue with this aggressive growth strategy, with a patricular center around APAC.
“Guavus has shown tremendous growth and innovation with carriers,” said Toshi Otani, MD of TransLink Capital. “With 40 per cent of the world’s mobile data traffic because of be carried over Asia-based networks by 2016 we predict APAC to be a robust marketplace for Guavus. We’re excited to support Guavus’ global expansion by leveraging our resources within the APAC region.”
See our feature on Guavus here.