Technology

Liberty Global Invests in Big Data Firm

VC Unit Makes Strategic Investment in Guavus 9/14/2015 10:30 AM Eastern

Liberty Global has made a strategic investment in Guavus, a San Mateo-based Big Data specialist, but did not disclose the amount.

 

Liberty Global’s backing (it’s also a Guavus customer) comes almost three months after Guavus announced it had raised $30 million of fresh funds from new and existing investors.  Guavus, founded in 2006, has raised about $129 million, according to CrunchBase.

 

Guavus, which has been getting more aggressive in cable, said its Reflex platform lets cable operators to gain a holistic, cohesive view of network state and business context in real-time.

 

"Guavus offers one of the industry's most innovative operational intelligence platforms and their suite of big data analytics applications are well deployed across service providers worldwide,” Ankur Prakash, vice president, Liberty Global Ventures, said in a statement. “We are pleased to be backing this exciting business as it embarks on the next stage of its development and couldn't be more positive about the company's prospects and its ability to execute."

 

"We are thrilled to have Liberty Global not just as a customer, but also as an investor and strategic partner,” added Anukool Lakhina, founder and CEO of Guavus. “With this partnership we will be able to accelerate our innovation and thought leadership in real time streaming analytics and continue to create industry firsts for enterprises and service providers globally."

 

Mike LaJoie, the former executive vice president and chief technology officer of Time Warner Cable, was appointed chairman of Guavus in January.

 

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