Verizon among investors helping firm push on with data compression tech.
Skyfire may be best known for its D2C business in mobile browsers, but actually this is just a good intelligence gathering tool for its real biz, which is helping operators to improve the performance of their data networks.
Now it's received funding from Verizon, Matrix Partners, Trinity Ventures and Lightspeed Ventures to take its services to new territories and make two new senior executive hires.
Skyfire claims its Rocket Optimizer tech can deliver an average of 60 per cent savings on video bandwidth, saving on cost and improving customer relations.
It already has deployments with two tier-one operators in North America, and expects to add more in 2012.
"Wireless operators around the world are facing an explosion in mobile data on their networks, driven largely by mobile video,” said Andrew Verhalen, general partner at Matrix Partners.
“Skyfire is well positioned with solutions for operators that can expand network capacity by over 25 per cent, as well as generate incremental revenue."
Those new hires are John Rintoul, named vice president of sales for Skyfire’s newly-opened EMEA office in London, and Scott Boehmer, who has been named vice president of sales for Americas.