Broadband visitors analytics startup Canopus Networks tops up Collection A with $4.5 million to enhance gaming lags

Sydney broadband community analytics agency Canopus Networks, which helps telecommunications suppliers ship low-latency lag-free gaming, has raised a further US$3 million (AU$4.5M) in its Collection A to take the full worth of the spherical to US$10.6 million (A$15.7m).

The most recent spherical was led by US VC Konvoy Ventures, a gaming trade targeted investor. Managing Associate Jackson Vaughan will be a part of the board as an observer.

Canopus Networks, which has now raised a complete of A$18.4 million and can use the brand new capital for brand new markets enlargement and to develop additional gaming-specific merchandise. r. This funding closes Canopus’

Canopus Networks was based in 2018 by CEO Prof. Vijay Sivaraman and CFO Himal Kumar to create an inexpensive community visibility administration resolution pushed by synthetic intelligence (AI) and programmable change (P4) know-how. It was born out of the College of New South Wales from analysis which pioneered the usage of programmable community methods for visitors classification and software expertise measurement.

Headquartered in Sydney, the startup additionally has employees in Melbourne, New Zealand, USA, and the UK. The Canopus analytics platform is now operational in a number of networks throughout Asia-Pacific, the Americas, and the UK.

Sivaraman mentioned low latency “lag-free” gaming can solely be offered if web service suppliers can successfully handle visitors, permitting customers to have a seamless expertise regardless of how a lot bandwidth purposes require.

“Gaming is a rising, however technically difficult market, which is suited to the options that Canopus Networks offers,” he mentioned.

“The funding from Konvoy will permit us to help improved person experiences within the gaming house.”

The software program offers telecommunications service suppliers full and steady visibility into gaming, streaming, conferencing, software utilization and person expertise over their fixed-line and 5G cell networks. Sivaraman mentioned that elevated visibility means telecommunications suppliers can goal investments to optimise their infrastructure to enhance effectivity, improve person expertise, and enhance returns on investments.

“This resolution streamlines operations to enhance buyer help and retention, scale back churn prices and procure behavioural intelligence to develop buyer lifetime worth,” he mentioned.

“This creates new revenue-generating choices for cloud gaming and enterprise purposes.”

The AI-based community visitors analytics software program can precisely measures the standard of expertise for software streams in real-time, at Terabit speeds, agnostic to information encryption.

Konvoy’s Jackson Vaughan mentioned they’re thrilled to be backing Canopus because it helps the gaming trade understands on-line information flows.

“Canopus Networks is constructed out of technical tutorial analysis in software-defined networking, AI and web infrastructure, all vastly necessary to the gaming trade,” he mentioned.