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Kaloom Raises Additional Capital To Fuel Expansion And Expedite Go-To-Market Strategy

Kaloom Raises Additional Capital To Fuel Expansion And Expedite Go-To-Market Strategy

05/20/21, 9:10 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/CA.svgmontreal
KaloomTM today announced that as a part of new financing, Alternative Capital Group (ACG) has become the majority shareholder of Kaloom. The latest investment will help Kaloom speed up the deployment and market adoption of Kaloom’s Unified Edge Solution, including Cloud Edge Fabric, 5G User Plane Function (UPF) and network slicing. The new funding brings the total amount raised by Kaloom to USD 32.5 million, Series A.

Company Info

Company
Kaloom
Location
montreal, quebec, canada
Additional Info
Kaloom is in active Proof of Concept (PoCs) trials with over 10 tier-one global communication service providers. “If you look at what Kaloom is doing with its software defined architecture, Kaloom is leaps and bounds ahead of the competition.