The Fujitsu-backed network communications developer expects to achieve a $30m close for the round in early 2018.
Asocs, an Israel-based virtualised communications technology provider backed by IT manufacturer Fujitsu, has raised $10m of a $30m funding round, Calcalistech has reported.
The $10m figure includes commitments from investment firm Taylor Frigon Capital and Fornaciari Trust. Asocs expects strategic investors to help close the round, which also features undisclosed participants, by the first quarter of 2018.
Founded in 2003, Asocs operates edge-based communication systems for wireless networks that seek to offer high security and bandwidth. Mobile servers are physically…