Company Overview
Snapshot
Founded in August 2004 by Pini Smotny and Barak Avitbul, DiViNetworks operates with 1–10 employees. The company has raised $5 million across one funding round from one investor. In September 2013, the World Bank invested $5 million in the company.
Business overview
DiViNetworks provides cloud-based data-delivery solutions designed to assist internet service providers and network operators in managing data flow, boosting network capacity, and enhancing performance. The company's core technology focuses on network optimization and content delivery, aiming to reduce IP core complexity, save on bandwidth costs, improve subscriber quality of experience, and enable value-added services. DiViNetworks operates within the Business Software sector, specifically targeting IT & Network Management, and serves communication services, broadband networks, and wireless & mobile markets in North America and Africa.
Strategic signal
In December 2014, DiViNetworks partnered with iWayAfrica to launch a new bandwidth service for Zimbabwean corporates. This collaboration signals the company's strategic focus on expanding its market reach and delivering its network optimization solutions to emerging markets, demonstrating its ability to form key partnerships for regional growth.
Company Intelligence Q&A
- When was DiViNetworks founded?
- DiViNetworks was founded in August 2004.
- What is DiViNetworks' primary business model?
- DiViNetworks operates on a B2B business model, providing solutions to other businesses.
- Which markets does DiViNetworks primarily serve?
- DiViNetworks primarily serves geomarkets in North America and Africa.
- What significant investment did DiViNetworks receive?
- In September 2013, DiViNetworks received a $5 million investment from the International Finance Corporation (IFC).
- What was a key partnership for DiViNetworks in 2014?
- In December 2014, DiViNetworks partnered with iWayAfrica to launch a new bandwidth service for Zimbabwean corporates.