Telecommunications software provider Aria Networks is earmarked for expansion after raising £2 million from venture capitalist Seraphim Capital.

Aria Networks chief executive Tony Fallows said: “Over the last year we have made significant progress with our customers and partners around the world. With Seraphim’s backing, we now have the capability to further execute on our unique technology and business strategy”.

Eddie Harding of ICON Corporate Finance who advised Aria’s board on the deal commented that Aria has a unique product offering for the huge and fast growing operational support system (OSS) market. “This funding from Seraphim will help the company to accelerate its current growth path and become a truly global technology offering.”