cVidya Seek More VC Funding

A few weeks ago we reported that Israeli revenue assurance vendors cVidya had secured a new US$5m credit line from venture lenders Plenus. Now it seems like cVidya might be looking for more venture capital funding. The Israeli Venture Association’s High-Tech conference is an event where technology businesses get to network with potential VC backers. The 2009 event is scheduled for May 19, and according to the program, cVidya will be presenting. Good luck to them – it would be interesting to see what they use the money for…

Eric Priezkalns
Eric Priezkalns
Eric is the Editor of Commsrisk. Look here for more about the history of Commsrisk and the role played by Eric.

Eric is also the Director of the Risk & Assurance Group (RAG), a global association of professionals working in risk management and business assurance for communications providers.

Previously Eric was Director of Risk Management for Qatar Telecom and he has worked with Cable & Wireless, T‑Mobile, Sky, Worldcom and other telcos. He was lead author of Revenue Assurance: Expert Opinions for Communications Providers, published by CRC Press. He is a qualified chartered accountant, with degrees in information systems, and in mathematics and philosophy.