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Anomalous Networks Secures New Round of Funding From BlackBerry Partners Fund and Anges QuebecTelicost and Intelicost to Help End Bill Shock for Consumers, Businesses and Carriers (December 14, 2010)
MONTREAL -- (Marketwire) -- 12/14/10 -- Anomalous Networks, Inc., the innovator and leading supplier of Real-Time Telecom Expense Management (R-TEM) solutions, announced today that it has secured a new round of funding from BlackBerry Partners Fund and members of Anges Québec. The investment will enable Anomalous Networks to add to its growing team, expand distribution and awareness of the Intelicost and Telicost products into new international channels, and support an increasing number of devices and carrier features on its platform.
"Funding from Blackberry Partners Fund and Anges Québec will enable us to further extend our reach to solve the issue of 'bill shock' for an increasing number of enterprises, SMBs and consumers," said Anomalous Networks CEO Daniel Rudich. "Our product solves this tumultuous problem by arming telecom managers and end-users with a real-time view of voice, SMS, data usage and international roaming."
Founder and CTO Jaan Leemet added, "Since we launched our Intelicost platform over 18 months ago, we have built strong carrier relationships and industry partnerships while expanding our enterprise customer base. This new funding will help us accelerate our expansion and development activities."
"We have been impressed with Anomalous Networks' foresight to predict the need for real-time smartphone cost management and control, along with their ability to deliver a cost-effective, stable and scalable solution," said Kevin Talbot, Co-Managing Partner at BlackBerry Partners Fund. "The company gives subscribers peace of mind that they will no longer have surprises on their carrier bills. As a result, they have seen significant traction for their Telicost and Intelicost mobile applications to date."
Anomalous Networks' solutions enable enterprises to control and reduce their telecom expenses on smartphones and other mobile broadband devices such as USB Modems, embedded laptops and M2M equipment. Intelicost and Telicost offer end-users, SMBs and enterprises real-time monitoring, reporting and alerting on their device usage. The system will also proactively alert all parties to ensure awareness and compliance to carrier plan limits.
Available as an enterprise solution and a downloadable application for consumers, Anomalous Networks' solutions prevent 'bill shock,' providing users with savings of 20-60% on their telecom budgets. The company's solutions also enable carriers to reduce support costs, increase customer satisfaction and eliminate billing credits.
About BlackBerry Partners Fund
BlackBerry Partners Fund is the leading independent venture capital firm focused exclusively on mobile computing. In collaboration with Research In Motion, along with Thomson Reuters and RBC, the global fund brings capital, resources and unparalleled domain expertise to the partnerships it forms with exceptional entrepreneurs around the world who are shaping the future of the mobile eco-system. The Fund has an investment footprint throughout North America, the United Kingdom and Israel. For more information visit: www.blackberrypartnersfund.com.
About Anges Québec - Invest and self-invest, www.angesquebec.com
Anges Québec is a network of private investors who identify, finance and accompany innovative companies with strong potential in Québec. Anges Québec's members value the most promising business projects at boot and startup stages investing capital and expertise. To this end, Anges Québec collaborates with many organizations Québec lighthouses interested in the development and commercialization of technological innovations.
About Anomalous Networks
Anomalous Networks is the pioneer and leading provider of Real-Time Telecom Expense Management software solutions that allow small to large businesses to better manage the cost and security risks of deploying carrier-based mobile technologies and eliminate "Bill Shock." The company's solutions support leading mobile device platforms such as BlackBerry, iPhone, Windows Mobile, Android, 3G Modems, M2M Solutions from companies such as Sixnet and Sierra Wireless, and Embedded Devices such as laptops containing the Qualcomm GOBI chipset among others. If it is on the bill, it is too late! For more information visit: www.anomalousnetworks.com
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T: +1 (858) 565-9800
BlackBerry Partners Fund
T: +1 (905) 709-9600
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