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Haig Kayserian

KAYWEB and KAYWEB Angels

Australia-based angel investor, founder of KAYWEB and KAYWEB Angels

Pierre Hennes

Granatus Ventures

Co-Founder & Partner at Granatus Ventures

Artashes Vardanyan

Microsoft Innovation Center

Director of Microsoft Innovation Center

Alexis Ohanian

Reddit

American entrepreneur, investor, co-founder of the social news site Reddit

KitKeys

Armenian keyboard

Zangi

Free HD videocalls, short messages

Localz

Personalized daily tours in Armenia with top rated tour guides

Mobitaxi

Online taxi service

Sololearn

The biggest mobile platform for learning programming

Eye Care Plus

Check and practice to improve eyesight

A2B transport

Transport routes search in Yerevan

Pixomatic

Smart photo editor

Granatus Ventures invests in XCloud Networks

Granatus Ventures has announced about leading the investment round in XCloud Networks.

XCloud Networks creates software defined solutions for telecom and data centers to make their network infrastructures much more efficient. They have already succeeded in minimizing network engineers’ time expenses for about 100 times, capital expenses for up to 20 times and operational expenses for up to 5 times.

CEO of XCloud Networks Alex Saroyan told Itel.am that the investment would help them expand the Armenian-based team, as well as start operation in U.S., form a team and find new partners.  

“Our main goal is selling our product to U.S.-based companies with IT infrastructure, as well as provide more efficient alternative to traditional solutions, offered by Cisco, Juniper and other popular companies,” he noted.

According to Alex Saroyan, at this moment they keep the investment volume in secret, as they expect other investors in this round in addition to Granatus Ventures.

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