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10.31.2018

GrowthPoint Acted as Financial Advisor to Evolved Intelligence on its Acquisition by Mobileum

October 29, 2018

Menlo Park, CA – GrowthPoint is excited to announce that their client, Evolved Intelligence, a leading provider of mobile network analytics and security solutions, has been acquired by Mobileum.

Headquartered in Bristol, United Kingdom, Evolved Intelligence (“EI”) specializes in cloud-hosted roaming value-added services, as well as analytics-based fraud management and signaling security solutions for mobile telecommunications operators and signaling providers worldwide. EI offers a proven, multi-protocol SS7 and Diameter Signaling Firewall that is currently securing several leading mobile operator networks globally.

The combination of EI’s Signaling Firewall with Mobileum’s Threat Analytics platform will create an innovative intrusion detection and protection framework for network operators. EI’s expertise in deploying and managing telecom solutions in the cloud will further enrich the combined solution portfolio and benefit Mobileum’s customers and partners. The acquisition also serves to strengthen Mobileum’s presence in Europe. The existing EI platform and architecture will be maintained and developed for further integration with the Mobileum Active Intelligence platform.

“Evolved Intelligence is a leading company in the mobile network security space. The company has developed an impressive suite of technology and products that accelerates cloud deployment and facilitates managed services,” said Bobby Srinivasan, CEO of Mobileum.

Paul Gill, CEO of Evolved Intelligence, said, “Mobileum, with its global customer reach, is an ideal partner for Evolved Intelligence at this stage in our growth, and the partnership places us securely at the center of an exciting time in the telecoms industry. The integration between Evolved Intelligence and Mobileum also allows us to invest in the architecture for next generation distributed networks and leverage the analytics capabilities of Mobileum to further bolster our award-winning signaling firewall offering.”

John Cromwell, Rishi Mehta and Jake Kaldenbaugh from GrowthPoint advised Evolved Intelligence on this transaction. For further information, please see the press release.

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