Sunday, August 31, 2014

Chinese Financial Investor Invested in Israeli Startup Saguna Networks

Israeli start-up company Saguna Networks announced today a significant round of investment. Saguna has developed systems which significantly improve the transfer of rich content (video, music and games) over mobile networks, making it more efficient and less expensive to do so. Saguna's innovative systems enable mobile operators to provide rich content to a wide audience, using a profitable business model.

Saguna successfully raised $2 million in the current round, which was let by a US based global communications provider and a Chinese financial investor. Existing shareholders also participated in the round. 


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