The News
QoSMOS Announces Financing of 3.2 Million Euros
09/05/2006
PARIS, May 9 -- QoSMOS, the French manufacturer of auditing and optimisation tools for IP networks, has concluded a 2nd round of financing from Sofinnova Partners to the sum of 3.2 million euros.
This is the second increase in capital from Sofinnova Partners, a venture capital company principally specialised in the new technologies sector and life sciences, and comes 2 years after an earlier 1st round of financing by the same company to the sum of 2 million euros.
Created in 2000 from one of the most important public research laboratories in France, the LIP6 laboratory of the University Pierre & Marie Curie, Paris 6, QoSMOS has specialised from the outset in the in-depth analysis of network traffic flows, operating a permanent technological watch and exploiting latest developments in the fields of monitoring, quality of services, security and mobility for IP networks.
This financing will enable QoSMOS to both consolidate its development in Europe, particularly in Great Britain, Germany, Italy, and Spain, and also to invest in its flagship product QoSMOS ForMyNet, specially designed for broadband solutions (Gigabit), and to pursue its research in the field of advanced protocol recognition.
QoSMOS ForMyNet is a tool designed to extract and collect business-critical information based on the analysis of data travelling over IP networks. The solution extracts data from the network systems of companies and telecommunications operators, producing information through the use of indicators that enable clients to measure the quality of services provided and to analyse service usages, thus informing and facilitating decision-making through the use of accurate and relevant business-critical data.
Thibaut Bechetoille, CEO of QoSMOS: "This latest round of financing from Sofinnova provides us with the necessary added impetus, enabling us to develop our activities in Europe and to further extend the deployment of our technology to corporate customers and telecommunications operators. It is our ambition to become the recognised leader for the extraction and collection of information on IP networks. The powerfulness of the tools developed by QoSMOS makes it possible to respond to the new service demands imposed by the profusion of applications on networks of ever-increasing complexity: analysis of usages for new services provided by operators, user-end SLA management reports, accurate monitoring of the quality of VoIP communications (MOS) , among others."
About QoSMOS
QoSMOS is a French-based company that provides the Marketing and IT departments of Telcos and MSPs with precise statistics and measurements based on an in-depth analysis of the data travelling over their networks, thus enabling them to understand customer applications and usages. QoSMOS designs and develops software and equipment enabling you to extract data from your IP networks and make that information relevant. Its unique patent-protected technology carries out real-time analysis of all network traffic flows, irrespective of the kind.
About Sofinnova
Founded in Paris in 1972, Sofinnova Partners is one of Europe's leading independent venture capital firms. With EUR900 million under management, Sofinnova Partners invests in start-ups and early-stage companies in information technology and life sciences. Its investment strategy consists of investing early in teams and projects with high potential, most often acting as lead or co-lead investor. Sofinnova Partners also benefits from a long-established relationship with its sister company in San Francisco, Sofinnova Ventures. Sofinnova Partners' team consists of 8 professionals who bring valuable market insight and technical expertise to portfolio companies.
Press contact:
Agence Yucatan
Karine Besse
Tel: +33-1-53-63-27-32
kbesse@yucatan.tm.fr
Distributed by PR Newswire on behalf of QoSMOS
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