COS Systems To Accelerate International Expansion
Sweden based investors Ekstrom Invest and PartnerInvest have jointly invested in COS Systems to propel the company’s on-going success in the US. COS Systems develops software and cloud based tools for internet operators and network owners on a global market and during the last year tripled their customer base in the US.
The world’s first, cloud based demand aggregation system, COS Service Zones, empowers service providers, operators and network owners to engage the community and sign up subscribers before deployment, where after they can plan and build their networks where customers demand it and financial targets are met. The COS Service Zones solution has been recognized by international market analysts as well as both hardware and software vendors/integrators in the industry.
In Scandinavia, COS Systems is known for its BSS/OSS software COS Business Engine, which is used to operate and manage large fiber optical Open Access networks in Sweden. New international customer deployments can be found in both North America and Africa, continents now experiencing a rapid growth in new network deployments.
The investors Ekstrom Invest and PartnerInvest have a history of investing in Swedish tech companies and see great potential in COS Systems’ products and the company’s international market expansion.
“COS Systems has the expertise and proven solutions for network owners to plan, build and operate networks with market leading efficiency and profitability. Combined with the experience and capital our new investors provided, we will accelerate our international expansion leveraging our unique position in the industry” says COS Systems CEO Peter Lidstrom
For additional information, contact:
COS System AB
CEO, Peter Lidstrom, peter.lidstrom@cossystems.com, +46 70 656 58 72
CMO, Isak Finer, isak.finer@cossystems.com +46 73 751 99 38
Ekstrom Invest AB
CEO, Sofia Ekstrom, +46 73 520 08 82
Chairman of the board, Gunnar Ekstrom, +46 70 573 84 90
PartnerInvest Ovre Norrland AB
Investment Manager, Ingela Lidstrom, +46 624 42 52
