Proximus, the mobile subsidiary of telecommunications company Belgacom, invested in the startup alongside Catholic University of Louvain's spin-out fund.
Mobile telecommunications network Proximus has invested an undisclosed amount in Belgium-based network convergence software developer Tessares.
Proximus, a subsidiary of telecoms company Belgacom, provided the money alongside Vives II – Louvain Technology Fund, an investment fund affiliated with Catholic University of Louvain, from which Tessares was recently spun off.
Tessares will also partner with Proximus as it looks to develop software that will be used by telecommunications operators across the world to offer a service that combines different mobile access…