Activeport Group Limited (AU:ATV) has released an update.
Activeport Group Ltd has successfully raised $1.9 million to fund its expansion into new regions, aiming to enhance its project delivery capacity in Southeast Asia, India, the Middle East, and Africa. The latest funding round, which was oversubscribed, will also enable the company to grow its network orchestration, SaaS, and GPU streaming services, and to capitalize on an increased number of telco projects. This financial boost is set to strengthen Activeport’s position in the market and support the growth of its recurring revenue base from software products.
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