Quester has invested an additional $1.7m in Celona Technologies, the established market leader in product portfolio management. This funding will be used to support the continued expansion of Celona's commercial team. Celona Technologies's key offering is Celona, a software product delivering carrier-grade Product Portfolio Management for telecoms operators. Product Portfolio Management enables operators to use their existing OSS and BSS infrastructures more efficiently by providing a single, federated view of product and resource data across the organisation. This provides operators with a simple way to advance convergence of their services and to rationalise their product set. In addition to this, the implementation of Celona supports operators in delivering complex customer satisfaction capabilities such as self-service provisioning.
DVI Equity Partners, Frontline Ventures and Enterprise Ireland also take part
Newcomer Target Global and existing investor Round Hill Ventures also take part in the round
GP invests €7.3m in the France-based point-of-sale merchandising equipment provider
Azimut appoints Jeffry Brown as CEO of AACP; Brown previously worked at Dyal Capital Partners