SURF Communication Solutions®, which was established in 1996, will be funded by Texas Instruments Incorporated, Giza Venture Capital, etc. The funding is aimed at enabling the company to extend its reach in various regions, particularly North America.
The company is one of the foremost developers of high-capacity multimedia processing software. SURF is keen to duplicate its successful track record in other regions. To this end, it plans to pursue direct sales and marketing activities; build distribution channels; and carry out the development of its media processing enabling technologies at an increased pace.
“For the past two years Surf has focused its strategy on areas of high market demand where we bring significant and unique added value. We call it our ‘unfair advantage’,” said Eyal Zagagi, President and CEO of Surf.
Read More: Surf Communication Solutions Secures New Round of Funding
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