# cVidya Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cvidya-networks

- Industry: Software
- Headquarters: Herzliya, Israel
- Website: www.cvidya.com
- Total disclosed funding: $22M
- Latest round: Series C (Feb 5, 2008)
- Investors on record: 6

## About

cVidya Networks Inc. provides advanced AI-driven business assurance solutions designed to optimize revenue management and operational performance for various industries.Founded in 2000, cVidya Networks Inc. is headquartered in Herzliya, Israel. The company specializes in business assurance and has undergone a significant change by being acquired by Amdocs, Inc. in January 2016 for USD 30 mn. The acquisition aimed to enhance Amdocs' suite of solutions in the telecommunications sector. Over its operational history, cVidya has completed a total of 10 deals.cVidya Networks offers AI-powered business assurance solutions focused on risk management throughout the business assurance lifecycle. Their product suite addresses revenue leakage prevention, fraud detection, and operational efficiency, utilizing machine learning techniques to predict risks related to customer behavior, financial transactions, and data integrity. The integration of robotic process automation (RPA) allows for swift and accurate issue resolution. cVidya serves clients across telecommunications, financial services, media, and cloud computing, with deployments in North America, Europe, Asia Pacific, and Latin America.cVidya generates revenue through subscription-based services and partnerships with telecommunications companies. Their business assurance solutions are tailored to operational needs, often structured in multi-year contracts that provide ongoing access to software updates and support. The revenue model emphasizes long-term partnerships, supporting clients in maximizing return on investment while ensuring compliance and minimizing risks.cVidya Networks Inc. plans to leverage its recent acquisition to expand its product offerings and market reach. With the funding from the acquisition by Amdocs, the company aims to enhance its AI-driven solutions and possibly introduce new products targeting emerging market segments. Specific regions for expansion include Asia Pacific and Latin America, with targeted growth strategies to be implemented over the next few years.

## Funding rounds

- Series C, Feb 5, 2008, $12M — Battery Ventures, STAR Ventures, Hyperion Partners, StageOne Ventures, Viola Group
- Series B, Feb 28, 2005 — STAR Ventures
- Series B, Jul 1, 2004, $7M — StageOne Ventures, Hyperion Israel Venture Partners, Viola Group
- Series A, May 29, 2002, $3M — StageOne Ventures

## Investors

- StageOne Ventures (https://capitalatlas.ai/funds/stageone-ventures) — Series A, Series B, Series C
- Hyperion Israel Venture Partners (https://capitalatlas.ai/funds/hyperion-israel-venture-partners) — Series B
- Viola Group (https://capitalatlas.ai/funds/viola-group) — Series B, Series C
- STAR Ventures — Series B, Series C
- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Series C
- Hyperion Partners (https://capitalatlas.ai/funds/hyperion-partners) — Series C