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AePONA – Profile

April 4, 2005

HQ: Belfast, Northern Ireland
Founded: 1995, formerly APiON
Management: CEO Liam McQullan has been a lifer at AeOPNA, having been there for the past 10 years. He was promoted from COO of the company.
Investors: In March 2005, AePONA raised $20M from Polaris Ventures, Amadeus Capital Partners, Trinity Venture Capital, and Invest Northern Ireland.
Business Model: The company sells a network operating system for mobile communications. It serves as a gateway to mobile telecom carriers so that they can sell additional services to their users. These services include: missed call notification, conference calling, reverse charge billing, inbound call management, multi-channel televoting, Internet call waiting, ringback tones, etc.
Competitors: Alcatel and Ericsson.
Dirt: AePONA is surely one of the great success stories to emerge from the blight of Northern Ireland. The company has done a decent job of becoming a contender in Europe, given the relative obscurity of its Northern Ireland HQ. Hewlett-Packard, IBM, Microsoft, and Nortel are all partners. To get to $100M in revenues is possible, we believe, but will be a stretch for a management team that hasn’t been there, done that.

One Comment leave one →
  1. June 22, 2006 7:31 pm

    Edmonton dominated the Carolina Hurricanes on Saturday night and the 4-0 margin in Game 6 makes it hard to imagine the Oilers not hoisting hockey’s Holy Grail above their heads in less than 48 hours. And it would not come as any shock to see defenseman Chris Pronger, who had another 31-minute night, take the honors for the Conn Smythe Trophy as the playoff MVP.

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