Private Equity Round in 2013
eVolution Networks is the world’s first company to provide mobile network and data center operators with a purely software-based solution that slashes energy consumption on the base station level, providing unmatched savings and the ability to dramatically reduce energy consumption by up to 35% annually, even for operators that already employ efficient cooling solutions and which have already implemented energy-saving software features provided by equipment vendors. By providing the mobile telecom industry with a unique approach to thinking about and reducing the energy consumed by mobile networks, eVolution is leading the way in overcoming one of the greatest threats posed to mobile operators today – unharnessed energy costs. eVolution is committed to improving energy efficiency and reliability in telecommunications networks through a full suite of products and solutions supporting the communications network infrastructure.
Weemba is an online financial community that revolutionizes the way Borrowers and professional Lenders find each other and interact in a non-traditional "social network"-like format. Borrowers create a profile and post a project in hopes of obtaining financing from one of the many Lenders registered in Weemba. Besides the reason for and amount of a loan, profiles may include everything from the Borrower's income, education level and veteran status (Individuals) to their number of employees, annual sales or revenues and articles of incorporation (Businesses). Lenders search projects created by those Borrowers and narrow them down by credit score, amount needed, location, purpose of loan and more. When a Lender finds an interesting project, the Lender then may ask the potential Borrower for access to their real identity, as well as private details about the project. If the Borrower grants access to the Lender, all further contact and any negotiations take place outside Weemba. Weemba does not know if a loan was granted or under what terms.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at
support@teaserclub.com. Your feedback is most welcome.