TelcoBrain Technologies Inc. Announces Convertible Note Funding Round Led by DEPO Ventures

„TelcoBrain represents a unique investment opportunity in the telecommunications industry, thanks to its innovative techno-economic models for network and cloud planning. Unlike tools focused solely on operational aspects, TelcoBrain prioritizes return on investment and revenue sustainability, as confirmed by major players like AT&T and Deutsche Telekom. It addresses the growing market demand and taps into a $2 trillion opportunity by 2030,“ says Michal Ciffra, partner at DEPO Ventures.

The capital will be utilized to expand supported use cases, enhance user experience, and accelerate platform deployment for early adopters in the telecom sector across North America, Europe, and the Middle East throughout 2024 and early 2025.

„We are thrilled to announce this significant milestone in TelcoBrain’s journey. The convertible note funding led by DEPO Ventures is a testament to the innovative solutions we are bringing to the telecom and ICT sectors. This investment will enable us to enhance our platform’s capabilities, deliver exceptional value to our early adopters, and scale our platform features. We are excited about the future and grateful for the support and confidence shown by DEPO Ventures. Together, we are poised to revolutionize network evolution and infrastructure management,“ said Omar Al-Anni, Founder & CEO of TelcoBrain Technologies Inc.

Looking ahead to 2025 and beyond, TelcoBrain’s key milestones include expanding the platform’s capabilities to cover more layers of network and infrastructure management, enhancing AI/ML capabilities techno-economic models, and scaling operations to support a growing global customer base.

„We are excited to partner with DEPO Ventures, whose expertise and support will be invaluable as we scale our operations. This collaboration will bring strategic guidance, industry connections, and additional resources that will accelerate TelcoBrain’s market adoption and platform expansion,“ added Al-Anni.

TelcoBrain Technologies Inc. aims to maximize the efficiency of the expected $3 trillion global investment in network and cloud infrastructure over the next decade. The company plans to redefine technology development standards with its first-of-its-kind approach, leveraging techno-economic principles, predictive analytics, and deep AI models, all embedded in a fully automated SaaS platform.