Perseus Gets $20.5M to Fund Global Connectivity Expansion

Funding will accelerate gloabl connectivity expansion already planned by the vendor.

jock-percy-perseus-telecom-2014

Perseus chief executive Jock Percy says the company had received investment approaches in the past, but only decided to seek out an investor after realizing that with funding, it could complete its planned rollout of global locations in just over a year, compared to around five years through organic growth alone.

"The cost of deploying in a location is never met by the first customer [to sign up for that location]. It takes significant investment to deploy infrastructure into a new region or are

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