The company aims to accelerate the development of its MedUX product and achieve international expansion.
About Case On it
Case On it is a company based in Madrid, dedicated to measuring user experience and quality of service for telecommunications companies. The company, created in 2014 by Luis Molina and Agustín Batiz, has been owned since its inception by the technology consultancy Nae.
Case on IT already markets the MedUX solution in more than 10 countries, with an important presence in Latin America and Europe. Internationalisation and diversification into new markets is one of its strategic lines. Large operators such as Telefónica, AT&T, Claro Colombia (Grupo América Móvil), Vodafone and Orange are using its solution, which has also been incorporated by governments and telecommunications regulators in Colombia and Costa Rica, among others. Case on IT closed 2016 with a turnover of 2.5 million euros. The company uses machine learning and artificial intelligence to offer its services.
About the investment round
Case On It, has received a €3.5M round led by Inveready. The round will allow Case On It to accelerate the development of its product and increase its international presence. Inveready already has experience investing in companies in the telecommunications sector such as Masmovil and in companies in the analytics sector such as Datumize or Conzoom.
Acquisitions in the field of user experience measurement for Telecoms
At Abra-Invest, we wanted to analyse the user experience measurement sector for Telecos. We have found that investors are betting on the sector. Some investors, such as Wayra, have already participated in 7 rounds in this market niche. We have detected Spanish companies operating in this niche such as Fonyou. Here is a sample of some of them mergers and acquisitions that have been carried out worldwide.
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