Enterprise network infrastructure company BTI Systems has raised $10 million in new capital led by Bain Capital Ventures and existing investors BDC, Covington Capital and GrowthWorks. The company has raised more than $33 million since 2011.
BTI Systems’ network infrastructure allows carriers and content providers to capitalize on the increasing demand for bandwidth (i.e. more consumers watching videos, app usage etc.). The company’s networking, application intelligence software and management products give carriers the capacity to manage bandwidth and deliver applications, services and content to subscribers and businesses.
The company’s most recently launched product, BTI Intelligent Cloud Connect, allows content and service providers to overcome the performance bottlenecks created by inter-data center network traffic resulting from the demand for cloud services. So a carrier could use BTI to mitigate the traffic created by massive amounts of consumers checking Facebook or watching a YouTube video on their mobile phones.
The new capital is being used to scale BTI’s operations and product development.