UXP Systems Secures $8M to Continue Innovating Digital Identity for Service Providers
Toronto, Ontario (PRWEB) August 30, 2016 -- UXP Systems, the leader in User Lifecycle Management, is pleased to announce the closing of its Series B round of financing led by cable and telecom industry leaders John Malone and John Risley.
This financing culminates a record fiscal year with the addition of significant new customers including Vodafone and Cable & Wireless, key recognition from industry analysts, as well as significant year over year sales growth of more than 180%. “We are extremely pleased with the strong interest in this financing round,” said Gemini Waghmare, CEO and Founder of UXP Systems. “This investment will support our global expansion and continued innovation of our leading User Lifecycle Management platform.”
“It is clear that operators are recognizing the critical nature of a robust digital identity offering as they transition to a world where a relationship with every household and business user counts” said John Malone.
“People want to connect and access services digitally, on their own terms, at a personal level. UXP Systems has developed an elegant and differentiated solution that transforms service providers and we have emerged as the leader in this domain”, added Waghmare.
UXP Systems’ User Lifecycle Management platform helps operators transform by managing individual user relationships and delivering user control, role management, delegation and personalization. With User Lifecycle Management, operators can innovate above legacy systems to bring new services to market rapidly while fully enabling digital transformation.
About UXP Systems
UXP Systems is the industry leader in User Lifecycle Management (ULM). Their MINT ULM Platform powers digital identity as a strategic operator service as they transform to a seamless, digital world of entertainment, communications, and connected life services. User Lifecycle Management technology is the foundation of Digital Transformation for operators like Vodafone, Liberty Global, Cable & Wireless, Rogers Communications and TELUS, using digital identity as a focal point for managing the digital user. ULM processes enable entitlements, group management, delegation, revocation, roles and sharing, user insight, privacy and more, all as part of an end to end business process framework. UXP Systems’ MINT Platform innovates above existing legacy systems to transform the user experience, getting operators to deliver digital services faster and more economically.
For more information, please visit http://www.uxpsystems.com/.
UXP Systems Media Contact
Jim MacDonald
Chief Marketing Officer
T: +1 416-358-1540
###
Tammy Exner, Quexor, http://www.uxpsystems.com, +1 587-228-1078, [email protected]
Share this article