Analytics company wants to expand in the US, helping operators optimize their networks and offer their customers better targeted location-based services.

Sarah Thomas, Director, Women in Comms

November 7, 2014

2 Min Read
Intersec Nabs $20M for Mobile's Big Data

Big data analytics company Intersec has bagged $20 million in series B funding, money it will use to expand into the US and further build out its big data software that is designed for mobile networks.

The France-based company announced the funding round, from Highland Capital Partners Europe and existing vendors, this week. The private company, founded in 2004, has been cagey about its financials in the past, but it also raised $4.9 million from Innovacom , the investment arm of Orange (NYSE: FTE) (France Telecom), and CM-CIC Capital Innovation in May 2011. This time around, Cartagena Capital advised on the investment, and two partners at Highland Capital, Laurence Garrett and Tony Zappala, will be joining Intersec 's board of directors.

Intersec offers analytical software designed to help telcos improve their operational efficiency, build new location-based services such as its family monitoring app and better engage with customers. It already works with big names such as Telefónica SA (NYSE: TEF), MTS Allstream Inc. , Etisalat and Salt SA , but it's planning to use the fresh cash to expand its US headquarters in New York. (See Portugal Telecom Picks Intersec for LBS, Intersec Doubles Its Revenues and EuroProfile: Intersec.)

Need to know more about big data analytics and its impact on communications service providers? Then check out the agenda for Telecom Analytics World 2014, November 11, at the Westin Peachtree Plaza, Atlanta.

Why this matters
Intersec is not alone in its big data ambitions. It's a crowded space that's attracting big-name vendors, software providers and startups alike. That said, operators are keen to gain insights into their network usage and find ways to better target their customers, so the vendor is expanding in the market at the right time. Its value-added service-creating potential will likely appeal to those looking to keep better track of their customers, but maintaining privacy will be key to it taking off in the data-sensitive US.

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— Sarah Reedy, Senior Editor, Light Reading

About the Author(s)

Sarah Thomas

Director, Women in Comms

Sarah Thomas's love affair with communications began in 2003 when she bought her first cellphone, a pink RAZR, which she duly "bedazzled" with the help of superglue and her dad.

She joined the editorial staff at Light Reading in 2010 and has been covering mobile technologies ever since. Sarah got her start covering telecom in 2007 at Telephony, later Connected Planet, may it rest in peace. Her non-telecom work experience includes a brief foray into public relations at Fleishman-Hillard (her cussin' upset the clients) and a hodge-podge of internships, including spells at Ingram's (Kansas City's business magazine), American Spa magazine (where she was Chief Hot-Tub Correspondent), and the tweens' quiz bible, QuizFest, in NYC.

As Editorial Operations Director, a role she took on in January 2015, Sarah is responsible for the day-to-day management of the non-news content elements on Light Reading.

Sarah received her Bachelor's in Journalism from the University of Missouri-Columbia. She lives in Chicago with her 3DTV, her iPad and a drawer full of smartphone cords.

Away from the world of telecom journalism, Sarah likes to dabble in monster truck racing, becoming part of Team Bigfoot in 2009.

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