Domos Latency Management Raises Series A from Scale Leap Capital and Commences US Expansion
Oslo, March 21, 2023 - Domos Latency Management, the global leader in Latency Management for Internet Service Providers (ISPs), has secured a Series A investment round from Scale Leap Capital and announced its expansion into the US market. The funding will be used to accelerate the company’s growth and expand its presence in North America.
Rolv-Erik Spilling, Managing Partner at Scale Leap Capital, said: “We are excited to partner with Domos and support their expansion into the US market. Domos has developed a powerful latency management technology that addresses critical market needs, and we are confident that the company will continue to see significant growth in the years to come.”
Olav Nedrelid, co-founder and CEO at Domos, added: “We are thrilled to get this opportunity from Scale Leap Capital. It will give us the resources to rapidly build business development, pre-sales, customer success and operations departments in the US.”
With this investment, Domos will be able to further enhance its products and services to meet the increasing demand for real-time latency management solutions in the US. The company plans to use the funding to expand its team and open new offices in key US cities to better serve its customers.
Domos’ expansion into the US market is an exciting opportunity for the company to provide its expertise in latency management solutions to a growing market. The funding from Scale Leap Capital will enable the company to rapidly expand its presence in the US and better serve its clients and partners. Domos is poised for significant growth in the US market and looks forward to continued success in the years to come.
About Domos
Domos is the global leader in latency management for Internet Service Providers (ISPs).
Domos makes software for ISPs that is embedded into Customer Premises Equipment for improved network quality, by monitoring, analyzing and optimizing end-to-end latency in real time. The ISPs get access to unique insights into any bottlenecks in the customers’ WiFi or Broadband connection, and can enable exclusive customer experiences and application integration to also have access to these insights to manage network optimization preferences. To keep up with everything Domos, follow the brand on LinkedIn, Twitter and YouTube, or visit domos.ai.
About Scale Leap Capital
Scale Leap Capital is a scale-up investment fund focusing on building high-growth technology companies. The fund provides growth capital combined with deep technology insight, strategic guidance, and operational support to help companies achieve their full potential. Scale Leap Capital focuses in particular on B2B SaaS, Marketplaces and Platform companies. Visit scaleleapcapital.com.
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