SOURCE: Guavus, Inc.

Guavus, Inc.

June 25, 2015 08:00 ET

Guavus Raises $30 Million in Funding to Accelerate Big Data Analytics Applications and Expansion Into Industrial Internet of Things (IoT) Markets

SAN MATEO, CA--(Marketwired - Jun 25, 2015) - Guavus Inc., a leading provider of big data analytics applications for operational intelligence, today announced it has raised $30 million of new funding from new and existing investors.

With this new round of funding, Guavus will bolster its presence and offerings in the Communications Services Provider (CSP), Cable & Media customer base and further expand into the industrial Internet of Things (IoT) market where sensor-generated streaming data is transforming key industries such as Logistics, Mining, Oil & Gas, Smart Cities, Retail with the ability to provide real time insights for predictive maintenance, track and trace, asset management and optimization, and more.

Guavus continues to experience significant growth in the CSP and Cable industries with several new customer additions in the last year. Guavus has built its applications upon its unique, analyze-first operational intelligence platform to specifically support planning & operations, service assurance, customer experience management, marketing and security.

The company's focus on providing real-time operational intelligence through its big data analytics applications means that enterprises can gain a holistic, cohesive view of what's happening on the network with specific business context in real-time. Guavus uniquely breaks down the barrier between the Operational Support Systems and Business Support Systems to enable customers to more efficiently plan network capacity, improve service operations and deliver a better customer experience by understanding the quality of service down to a precise network element level and respond proactively. The analytics solutions provide valuable insights that can be embedded into workflows to create automated business processes and closed loop decision support systems.

"Our products are already proven in the world's most challenging and demanding carrier environments so the move to IoT is a natural next step," said Anukool Lakhina, founder and CEO of Guavus. "Our focus on big data applications that break down traditional silos of information, uncover valuable insights in real time and address specific business problems is what distinguishes us from other providers. With this additional funding, we can extend our presence into new geographies and markets and put these powerful analytics applications into the hands of more businesses for even greater productivity."

About Guavus
Guavus solves the world's most complex data problems. Proven across Fortune 500 enterprises, Guavus provides the only operational intelligence platform that delivers an end-to-end, real-time view across business operations. The Guavus Reflex® operational intelligence platform correlates and analyzes massive petabytes of streaming and stored business, operational and sensor data from multiple, disparate source systems in real-time. The resulting "live" operational analytics are fed into a new generation of analytically powered big data applications to address specific business problems for network, marketing, customer care, security and the Internet of Things. Guavus products make our customers more agile, competitive and profitable by transforming them into real-time, data-driven enterprises.

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