Netrounds, the leading provider of software-based active testing, monitoring, and automated troubleshooting solutions for communications service providers and global enterprises, today revealed Fairpoint Capital as being the formerly unnamed co-lead investor in the 2019 Series A investment round.
“We are thrilled to tell the world about our investment in Netrounds together with Swisscom Ventures”, says Ulf Lewander, Investment Director at Fairpoint Capital. “This is an opportunity that fits perfectly with our investment focus, and we are very pleased with the progress the company is making and their rapidly growing sales pipeline.”
Netrounds currently executes on the Series A funds to expand its global sales operations, strengthen key talent acquisitions and continue solution innovation.
“We are very happy to have a committed and successful investor backing up Netrounds as we continue our exciting journey of global expansion, innovation and growth,” says Mats Nordlund, CEO and co- founder of Netrounds. “Fairpoint Capital adds a complementary network and shares our unwavering conviction as to the strength of our technology and global market potential”.
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