Revenue assurance firm Azure secures $15M

Revenue assurance company Azure Solutions lined up $15 million in new financing. The round was led by Doughty Hanson Technology Ventures with participation from Intel Capital, New Venture Partners, AG Edwards, and Hexagon Investments. Azure has a number of carrier-grade revenue assurance and fraud prevention products, including Data Integrity, Wholesale and Interconnect Billing, International Settlements, Fraud Management, Mediation, Management, and Route Optimization. The company was spun out of BT in 2003.

For more on Azure's funding:
- view this piece from the Denver Business Journal


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