Schema Ltd which provides software and services for wireless networks, has
raised $25.8 million in a third round of funding. The round was led by BRM
Capital, and included TL Ventures and EnerTech Capital Partners.
"Schema`s solution maps perfectly to the needs of today`s telecom industry,"
said Mike Mers, managing director of BRM Capital in a prepared statement.
"Its technology allows operators to adapt to accelerated subscriber growth,
as well as the emergence of new innovations and value added services, while
profitably managing their network resources. This will make telecom
companies more competitive."
The company plans to use the latest round of funding to fuel its expansion
within the U.S. and European wireless markets, and to increase sales,
marketing, and new product development.
Schema offers wireless carriers an integrated and enterprise-wide approach
to network optimization, including asset and frequency management, network
planning and data restructuring.
"The future of wireless clearly lies in the ability to create
enterprise-wide efficiency that yields a balance between both spectrum and
capital resources," said Mark DeNino, managing director of TL Ventures in a
prepared statement.
Previous investors in Schema include Walden Israel, The Challenge Fund,
Gemini Israel Funds, Eurofund, and Docor International BV, which also
participated in the current round of financing.

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Credit: Internet.com