Personeta Inc. said Wednesday has received an investment from Cisco Systems Inc., which it will use to further its development of applications based on its TappS NSC product.
Details of the investment were not disclosed.
TappS NSC is designed for converged service delivery – particularly for fixed-mobile convergence and multimedia platforms.
“We are extremely pleased with this investment by Cisco,” said Avraham (Bibi) Rosenbach, CEO and president of Personeta. “Cisco’s funding will help Personeta realize its vision at the service layer by offering service providers enabling technologies for converged, value-added services within the emerging service delivery platform paradigm.”
Personeta, a Cisco Technology Developer Program partner, has collaborated with Cisco on several deployments in Europe, most recently with a fixed-mobile convergence platform for Russia’s Mobile TeleSystems.
Cisco Systems Inc. www.cisco.com
Personeta Inc. www.personeta.com
