Munich, February 2nd, 2015 – Bryan, Garnier & Co (former Cartagena Capital), an international, technology-focused corporate finance advisory firm, has acted as the exclusive financial advisor to Intersec, a leading Big Data software vendor for telecom operators, on a $20 million series B funding round led by Highland Capital Partners Europe. Existing investors Innovacom and CM-CIC also participated in the round.
Intersec designs solutions that enable mobile operators to capture and monetize their network value through Big Data collection. Operators can then create new and innovative services. Intersec integrates its leading core network solutions for operators to generate location intelligence revenue and to maximize customer value management, contextual engagement and leverage Big Data analytics to make fact-based decisions that result in better business effectiveness. Intersec´s award-winning products are designed to efficiently implement loyalty and retention, value creation and cost optimization strategies for CSPs. Acclaimed by 70+ MNOs, Intersec technology enhances the experience of several hundred million subscribers worldwide and manages over a billion smart events on a daily basis. The investment round will be used to accelerate worldwide growth and for the continued development of Intersec´s Big Data software solutions for both the telecom industry and other large corporations.
Intersec CEO, Yann Chevalier, commented “Cartagena Capital guided us through the entire private placement process, which provided us with critical growth capital for our US expansion plans. Thanks to their extensive network, Cartagena effectively targeted a select group of leading US and international investors, minimizing management´s time. They led the transaction with 24/7 highly experienced senior partner involvement and helped us secure attractive terms for the Company. Their knowledge of the mobile and Big Data industries is outstanding. They even introduced us to new business opportunities. We very much appreciated Cartagena´s expertise and commitment in helping us find a long term financial partner and will definitely work with them in the future.”