Openet

Openet develops transaction management software for network operators. The company was founded in 1999. It received its initial funding from Cross Atlantic Technology Fund (XATF), which invested $2.7 million for a 13.0% stake. Openet has an 11 percent share of the wireless policy management software market, the largest among its competitors. Openet's product suite consists of Policy Manager, Evolved Charging, Interaction Gateway and Convergent Mediation. Respondents to a December 2012 survey by Infonetics Research identified Openet, Tekelec and Huawei as the top three policy management vendors.