Network Intelligence Solution Startup Aprecomm Gets Strategic Investment From ACT Fibernet

Network Intelligence Solution Startup Aprecomm Gets Strategic Investment From ACT Fibernet

SUMMARY

Aprecomm is a network intelligence solution provider offering solutions to monitor and repair network issues.

ACT is planning to integrate Aprecomm’s technology into its Wi-fi product which will provide real-time network visibility into Wi Fi performance, thereby enabling rapid, proactive resolution of last mile connectivity challenges.

ACT Fibernet, backed by private equity firms like TA Associates and True North claims to be serving 2.2 Mn customers in 25 cities.

Bengaluru-based broadband and internet service provider Atria Convergence Technologies Ltd (ACT Fibernet) has made a strategic investment in network intelligence solution provider Aprecomm Private Limited.

However, the company did not disclose the financial terms of the deal.

ACT Fibernet plans to integrate Aprecomm’s technology into its Wi Fi products, which will provide real-time network visibility into Wi Fi performance, thereby enabling rapid, proactive resolution of last mile connectivity challenges.

“Aprecomm’s AI-based, self-optimizing technology and advanced Wi-Fi analytics allow us to continuously optimize our network and significantly enhance our customer experience,” said Bala Malladi, chief executive officer, ACT Fibernet.

Founded by Guharajan Sivakumar and Pramod Gummaraj in 2016, Aprecomm is a network intelligence solution provider offering artificial intelligence-based solutions to monitor and repair network issues. 

It also claims to help ISPs with monitoring subscriber’s experience, reduce operational costs and get speedy return on investment. 

“ACT Fibernet’s expertise and commitment to innovation perfectly align with our vision, making them the ideal partner to revolutionize the in-home Wi-Fi experience for broadband subscribers,” said Gummaraj.

Founded by Sunder Raju in 2000, ACT Fibernet, backed by private equity firms like TA Associates and True North, claims to serve 2.2 Mn customers in 25 cities.

In 2019, the company forayed into the consumer sector with the launch of its product ACT stream TV 4K. Just after three years, it reportedly launched its OTT aggregator platform, YuppTV Scope in partnership with YuppTV.

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Network Intelligence Solution Startup Aprecomm Gets Strategic Investment From ACT Fibernet-Inc42 Media
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