Deutsche Telekom, KPN invest in SD-WAN, e-health

euros, investment

Deutsche Telekom and KPN's investment arms have invested in Aryaka and Personal Medsystems as they bet on the success of enterprise connectivity and e-health.

Deutsche Telekom Capital Partners (DTCP) joined Third Point Ventures and other existing investors in backing software-defined WAN technology provider Aryaka to the value of $45 million.

The company’s platform combines SD-WAN with its own private network and optimisation tech that enables applications to run faster than on the public internet.

Founded in 2009, Aryaka has over 500 enterprise customers in 63 countries.

DTCP is the first telco to invest in global SD-WAN.

Aryaka said the funding would be used to “aggressively expand its global reach”.

Jack Young, Partner and Head of Venture Capital at DTCP, said: “The company’s ability to deploy connectivity within days, and deliver significantly faster application performance in global locations uniquely addresses the shortcomings of other connectivity solutions, such as MPLS, and Internet-based SD-WANs.”

In the Netherlands, KPN Ventures has invested in Personal Medsystems, a technology company that produces health monitoring equipment for smartphones.

The company has produced an ECG device that connects to a smartphone, allowing patients to self-monitor for possible heart failure symptoms and receive instant feedback.

KPN Ventures led the financing round totalling €5 million, which will be used to finance future growth and innovation.

The investment builds on KPN’s existing presence in the e-Health market.

KPN provides the E-Zorg network, which is used by doctors and pharmacists in the Netherlands to communicate.

Its remote heart monitoring service already enables around 14,000 remote ECGs annually, the company said.

Herman Kienhuis, Managing Director of KPN Ventures, said: “We see great potential for digital and mobile technologies to improve the quality of healthcare while reducing the cost.

“Personal MedSystems has developed such an innovation bringing great value to people suffering from heart problems and to cardiologists.

“In addition to financially supporting its growth, KPN will help Personal MedSystems in bringing CardioSecur to the Dutch market as well.”

This new investment follows other tech-focused investments by KPN in 2016, with EclecticIQ and SecurityMatters receiving funding.

 

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