DVTel's $9 Million Fund Raising and Future

By: John Honovich, Published on May 20, 2015

DVTel's CEO tells IPVM that they have completed a 'turnaound' and that they are ready for more aggressive expansion and even acquisitions with their new $9 million in funding.

Inside this note, we examine what three key improvements DVTel claims to have made, where they are at today and how they are planning to expand.

**********

*****'* *** **** ***** [link ** ****** *********] cited ***** *** ******** to *** '*********' ** says *** ******** ***** he ****** ** ****:

  1. ****** ***** ****-*** ********. He ******** **** ***** Latitude *** *** *** complicated *** ******** *** much ********** *********** ** make ****. ***, ** says ******** ** **** easier ** ***. ************, they **** ******* ************* any ******* ** ******, moving ** ****** / ODM **** ************* ** Asia (*** *****).
  2. ********** * ***-**** ******* offering, ************* **** *** high-end ****** ** ***** and * ****-*** *** cannot ** ****** **** the ***-******. ** **** they ***** ******** ** R&D ********** ***** ******* mid-tier **** [**** ** longer *********]  **** * simpler **** **********.
  3. ******** ******** ** ***** Defense *** ** ********** VMS ***** ********. ***** Defense **** ******* ** ‘Port *********’ ***** **** ports ** *** ******* of *** ********* ******* *** any **-***** ******* *** ‘Client ******’ ***** ******* a ******* ******** / sandbox, *** ******* ** interface ******** **** ** corporate ******* *** *** DVTel ***** ******. ** the *** ** ****, DVTel ******* ** ******* a ***** *** **** they *** ******** ** the ********** / ******** market.

    [*********]

**********

*****'* *** **** *** company *** **** **** flow ******** ***** **** and *** *** **** revenue ** **** *** best ******* ******* ** Q1 ****. ** *** not ******** *** ******** dollar *******.

Investment *** ******

***** ********* $* ******* [link ** ****** *********] 'capital ******** **********' ****** this ****.

*****'* *** ********* * core **** *** ****:

  • **** ********** ** ******* capital *** ***** *********
  • **** ***** ** *&* and *********
  • ************ *** **** ** the *** *** ************* were *****

*** ******** ****** ******** is **** *** *******. Historically, ***** *** * dealer **** *****. ***, with ***** ******** ***-****** offerings, ***** ***** ** open ** *** ***-****** products (*** *** ********) to ******* ************, ******* requiring ************* *** ********, as **** ************* **.

********

*** ** *****'* ******* problems ** ****** ****** awareness. **** **** *** marketed **** **** *** past *** ***** ***, from **** ** *** from *** ********** *******, DVTEl ** ****** *** of *****, *** ** mind. *****'* *** **** they ********* *** ********* problem *** ******* ***** on ********* *** ******* and *** *** ***** to ****** *********.

***** *** * ****-***, feature-rich *** **** * years ******* ** ****** **, ****** ** *** cumbersome *** *** ****** then. ** **** *** deliver ** ****** ** use ****-*** *** *** market ** ****, ** does **** *********. ***** Defense ******* ***** *** it ***** ******** / differentiate for ***** ****** ****** who *** **** ********* about ******** ***** (**** or *********). ***** ********* (from *******) *** ***** competitively ****** (*** *** **** *******) *** **** ****** from **** ** ********* / *********.

*******, ** *** **** as * ******** **** for *** ******* *** will **** ** *** if *** *** **** gain **-**** ********* **** the ******* ******.

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