Fanfare Gets Funding

Fanfare announced that it has secured $12 million in funding

May 16, 2007

1 Min Read

MOUNTAIN VIEW, Calif. -- Fanfare, a provider of software solutions to high-tech equipment vendors that simplify and accelerate device testing, today announced that it has secured $12 million in funding, added a new lead investor -- Focus Ventures, a top-performing venture capital firm that invests in expansion-stage leaders in the software, semiconductor and communications industries -- and signed contracts with six new customers in the first quarter of 2007. This news, coupled with more than 20 new deals Fanfare closed last quarter with existing customers, represents the company's strongest quarter to date and demonstrates the company's growing momentum as the demand for test automation tools in the networking market continues to rise.

Aztek Networks, SilverPeak, and Edgewater Networks, as well as three of the world's leading networking equipment vendors, have each deployed Fanfare's flagship product, the FanfareSVT(TM) test automation solution. FanfareSVT enables these companies to increase their product quality, maintain their time-to-market objectives, and improve the productivity of the testing team by simplifying and accelerating test automation. Testing activities that took weeks or months can now be conducted in hours or minutes, at the push of a button.

"Our customers expect the highest quality devices," said Jeff Wright, Director of System Test, Aztek Networks, the leading provider of Emergency Stand Alone (ESA) switching systems for the independent telephone operator market. "With Fanfare, we will continue to lead the market by expanding test coverage and building an automated approach to testing that will speed our products to market and exceed the expectations of our customers."

Fanfare Group Inc.

Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes it's completely free.

You May Also Like