Sidonis Banks Funds

Sidonis secures investment for next-generation network management software

June 22, 2010

1 Min Read

BATH, UK -- Sidonis, the emerging new leader in service assurance, today announced that it has secured private equity funding that will herald a new phase in the company’s growth. Founded in 2006, Sidonis develops advanced software that helps companies in the telecoms and broadcast, finance and utilities industries manage their increasingly complex networks and services.

At the same time, Gregor Logan joins the Sidonis Board as a Non-Executive Director. Mr Logan has over 30 years’ experience in the fund management industry, working as a UK and European stock picker at Fidelity for 13 years, then as Chief Investment Officer at MGM Assurance and New Star Asset Management.

Sidonis CEO, Don Keir, commented: “Sidonis aims to become a recognised market leader in the technology required to manage complex communications networks and services. This investment will help us accelerate our plans to achieve that, and we welcome the additional experience and insight that Gregor will bring to Sidonis.”

Sidonis Ltd.

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