{"id":7998,"date":"2015-02-27T11:13:49","date_gmt":"2015-02-27T03:13:49","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=7998"},"modified":"2015-02-27T11:15:45","modified_gmt":"2015-02-27T03:15:45","slug":"cenx-announces-strong-2014-additional-round-of-financing","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2015\/02\/27\/cenx-announces-strong-2014-additional-round-of-financing\/","title":{"rendered":"CENX announces strong 2014, additional round of financing"},"content":{"rendered":"<p><a href=\"http:\/\/www.upgrademag.com\/web\/wp-content\/uploads\/2015\/02\/CENX.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-7999\" src=\"http:\/\/www.upgrademag.com\/web\/wp-content\/uploads\/2015\/02\/CENX.jpg\" alt=\"CENX\" width=\"620\" height=\"340\" srcset=\"http:\/\/www.upgrademag.com\/web\/wp-content\/uploads\/2015\/02\/CENX.jpg 620w, http:\/\/www.upgrademag.com\/web\/wp-content\/uploads\/2015\/02\/CENX-300x165.jpg 300w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><\/a><\/p>\n<p id=\"yui_3_16_0_1_1425004892834_4463\"><strong><a id=\"yui_3_16_0_1_1425004892834_4465\" href=\"http:\/\/dmtrk.com\/17C1-37LGR-69IZ83-1HN0AF-1\/c.aspx\" target=\"_blank\" rel=\"nofollow\">CENX<\/a>, a leader of Service Orchestration solutions for software-defined networks, has\u00a0announced strong growth in its business over 2014.\u00a0 <\/strong><\/p>\n<p>Key achievements for the year ended December 31, 2014 include:<\/p>\n<ul>\n<li id=\"yui_3_16_0_1_1425004892834_3374\">Achieved 500% growth in global revenue with strong profitability and cash \u00a0 \u00a0generation<\/li>\n<li id=\"yui_3_16_0_1_1425004892834_4442\">Completed multi-million dollar deployments with two of the top four U.S. mobile \u00a0 \u00a0operators<\/li>\n<li id=\"yui_3_16_0_1_1425004892834_4444\">Expanded global customer base with wins in Europe and Asia<\/li>\n<li>Enhanced cloud data center offering to provide enterprise on-demand \u00a0interconnectivity<\/li>\n<li>Closed multi-million dollar deals with a global Managed Services strategic partner<\/li>\n<\/ul>\n<p>CENX\u2019s traction in the marketplace is driven by Cortx Service Orchestrator, which has emerged as a vital component in next-generation software-defined and virtualized networks.\u00a0 The Cortx solution empowers service agility and significant operational efficiencies in delivering a variety of differentiated data services, such as enterprise connectivity, cloud data center exchange, machine-to-machine, VoLTE, and 4G mobile backhaul.\u00a0 These quality-assured services are instrumental for enterprises that rely on ubiquitous, reliable data connectivity.<\/p>\n<p>\u201cCENX\u2019s success is evidence of the tangible business value we deliver to our customers, and we\u2019re excited about our future global prospects.\u00a0 We have built a strong foundation for continued growth with Cortx Service Orchestrator,\u201d said Ed Ogonek, president and CEO of CENX. \u201cWith this latest round of financing, our investors have given our strategy a strong vote of confidence.\u201d<\/p>\n<p>To accelerate its global business growth, CENX also announced that it closed an additional round of financing, in which all current investors have participated:\u00a0 Highland Capital Partners, Mesirow Financial Private Equity Inc., Verizon Ventures, a subsidiary of Verizon Communications Inc, Ericsson, DCM Ventures, and Cross Creek Advisors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CENX, a leader of Service Orchestration solutions for software-defined networks, has announced strong growth in its business over 2014. <\/p>\n","protected":false},"author":6,"featured_media":7999,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,1779],"tags":[1728,2660,1938,1726,535],"class_list":["post-7998","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","category-headlines-2","tag-cenx","tag-cortx-service-orchestrator","tag-networks","tag-service-orchestration-solutions","tag-software-2"],"_links":{"self":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/7998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/comments?post=7998"}],"version-history":[{"count":0,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/7998\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media\/7999"}],"wp:attachment":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media?parent=7998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/categories?post=7998"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/tags?post=7998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}