Razorsight Corp., a Fairfax, Va.-based provider of on-demand financial business intelligence for communications, media and entertainment companies, has raised $9 million in additional VC funding from Sierra Ventures.
Razorsight Corporation, the market leading provider of on-demand financial business intelligence solutions for communications, media and entertainment companies, today announced that Sierra Ventures has invested an additional $9 million in the company. The proceeds will be used to expand Razorsight's innovative product set, accelerate the company's international expansion, which is underway as a result of two major European carrier wins, and to support strategic global alliances.
Razorsight's solutions ensure that Communications Services Providers (CSPs) maximize savings from network cost management while minimizing the cost of doing so. Razorsight enables service providers to realize the highest return on investment by optimizing the investment in internal staff, systems and third party service providers to achieve the maximum Network Cost Score