Zettics, a US-based mobile carrier data analytics company which helps mobile operators understand how data services are being consumed, has raised $8.2m in a new financing round led by new investor, Excelestar Ventures, and supported by additional investments from existing investors, Steamboat Ventures, the corporate venturing arm of US media company The Walt Disney Company, and venture capital firms North Bridge Venture Partners, Voyager Capital and Emergence Capital Partners.
Zettics was formed from the merger of Ground Truth and Umber Systems in 2011, when the combined business raised $8m in funding from North Bridge Venture Partners, Steamboat Ventures, Voyager Capital, Emergence Capital and Openair Equity Partners.
Zettics will use the latest funding to accelerate its expansion plans, explore acquisition opportunities and increase investment in research and development of its analytics solutions.
Tasneem Dohadwala of Excelestar Ventures said: “Global mobile data traffic is currently 15% of total internet traffic and growing…
