Mirada raises US$10m through Kaptungs
LONDON, 17 September, 2018 – Mirada, a leading provider of products and services for Digital TV operators and broadcasters, is proud to announce it is raising over US$ 10 million in August and September 2018 from their long-term investor, Kaptungs Limited. The financing will be used to reduce debt and provide additional funding for Mirada’s continued global expansion and further reinforcement of current operations through the injection of US$ 4 million in new equity and the capitalisation of loans.
Since the commercial launch of its product Iris for izzi Telecom in Mexico in July 2016, Mirada has been rapidly increasing its sales and marketing activities, resulting in two more contract wins announced in August 2017 (ATN International, Inc.) and October 2017 (Digital TV Cable Edmund s.r.l.). It is currently involved in several other opportunities around the world.
The Company’s CEO, José Luis Vázquez, commented: “We’re very pleased to make this announcement as it will help us to continue growing and securing new contracts. It also clearly demonstrates our investors’ confidence in our strategy and its upcoming results.”