OverSi Ltd.

www.oversi.com

High-Tech Company

Acquired by Allot

Graduated from: thetime

TECH VERTICALS

CDN, Content Delivery Platform, Streaming Media

General Data

Sector	Enterprise Software & Infrastructure
Company Stage:	Initial Revenues
Established	2004
Number of Employees	30
Reg. Number:	abCDe

DESCRIPTION

OverSi offers a breakthrough multi-service platform for accelerating delivery of over-the-top (OTT) content, including Internet video, peer-to-peer (P2P) and other rich-media applications. Based in Israel, Oversi has established itself as the leading caching provider with installations throughout Latin America, Asia-Pacific and EMEA.

OverSi’s solutions help service providers to save on operating and capital expenses (OPEX and CAPEX), while significantly improving subscribers’ quality of experience (QoE). Service providers benefit from substantial bandwidth savings and network congestion relief without having to invest in expensive infrastructure upgrades. At the same time, Oversi’s solutions help operators to increase customer satisfaction and reduce churn.

By guaranteeing subscribers’ online video experience, OverSi’s solutions open up a range of monetization opportunities. Service providers can offer tiered services at different price levels, increasing average revenue per user (ARPU), and introduce new revenue-generating initiatives.

OverSi’s solution is based on a highly robust, and flexible, distributed computing platform. The out-of-band platform integrates easily with an operator’s existing network topology, with no risk to network reliability. The platform is fully scalable, supporting an unlimited amount of data and subscribers, and has proven to deliver the best network performance on the market.

OverSi is the solution of choice for large carrier-grade networks as well as medium sized/smaller installations, delivering the best network performance in the market (80% cache-hit-ratio and up to 20x cache gain). Oversi’s technology is future-proof, inherently supporting both encrypted and unencrypted P2P sessions and next generation P2P, such as P2P hiding.

TECHNOLOGY

OverSi’s Unique, Out-of-Band Architecture: Separation of Control and Out-of-Band Cache Servers.

OverSi’s unique out-of-band architecture, which follows the 3GPP/NGN architecture, is the foundation for OverCache MSP’s competitive advantage, resulting in superior performance and simple network deployment.

OverSi’s cache control elements, deployed independent from the cache servers, are typically located near the international and interconnect lines, providing a network-wide view of the demand. With only uplink control traffic routed to the control elements, the control elements (OverCache Manager) require negligible capacity – a few Mbps for a network of one million subscribers.

The cache servers can be deployed anywhere in the network, allowing flexible distribution of servers while forming a single logical cache. At the POP level, it is possible to distribute the servers based on local considerations, such as space and power. At the network level, it is possible to locate the cache at a central POP or distributed across multiple POPs based on network interconnect considerations, such as congestion and cost.

SGSS first applications are already in use over the SGSS platform, and have been sold and delivered to operators worldwide.

OverCache(TM) - A highly scalable HTTP & P2P proxy. Improves customer experience, provides relief to access networks, saves dramatically in interconnect and international bandwidth costs. A key product to offer P2P-based IPTV service.
OverDrive(TM) - Breakthrough online storage and backup platform. Enables Service Operators to offer unlimited storage and backup to their users at a remarkable 1:10 lower storage cost.

OverCache-CDN(TM) - A scalable Content Distribution platform over P2P. Relieves the content distribution pathways, introducing unmatched delivery scalability at marginal costs by transferring the processing to peering points using P2P technology.

SGSS provides a solution for an ever-more-connected digital environment in which users often access information stored in a remote location overseas or share information with overseas peers. Such a dynamic information environment demands innovative architecture when it comes to the design of storage, streaming, and caching systems. Caching systems help Service Providers save the immense costs of leasing expensive international lines and enhance their users' experience and quality of service by balancing the traffic over different portions of the Service Provider network. Such a system helps prevent network congestion and prevents unnecessary redundant downloads of the same material.

P2P networks, with their inherent distributed structure and peer participation, have proven themselves to be the most scalable and cost-efficient methods to deliver content over the Internet, and have been adopted by leading content owners for their video content distribution. Secure new P2P protocols now enable efficient and cost effective VPN-like high throughput enterprise data transfers and distributed storage synchronization.

Oversi's technology enables Service Providers to open up their platforms for P2P protocols, with the ability to offer high quality of service for P2P without bearing expensive costs of leased lines and without compromising the quality of service for other users and applications. Where it concerns P2P VOD and P2P TV, SGSS enables Service Providers to offer differentiated service for video/TV content streaming/download and to allow Service Providers to benefit from content flowing through their network.

ESTIMATED ANNUAL SALES

	TARGET MARKETS
	ISPs, MSOs, Telcos, Mobile Operators.

	BUSINESS MODEL
	B2B

COMPETITORS

ARA Networks , Blue Coat Systems Inc. , Net East (China) , PeerApp

CONTACT INFO

Expand / Collapse All

Main Address: Petach Tikva, Israel

Address	1 Rishon Lezion St., Em Hamoshavot Center
City	Petach Tikva
Country	Israel
Zip	49723

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Tenafly, United States

Address	30 South Browning Ave.
City	Tenafly
State/Province	NJ
Country	United States
Zip	07670

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Ofer Wald	Co-Founder	OverSi (CTO)
Mr. Eitan Efron	Co-Founder	GalayOr (VP, Marketing)

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Executive Chairman	Co-Founder & Senior Business & Technology Executive, NICE Systems
abC Defghij	Board Member	Partner, SMAC Partners GmbH

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Acquired

Jul. 31, 2012

Initial Revenues

abCDe

$16m in cash, as well as up to $5m based on Oversi’s performance during 2012.

* New investor

Investor	Type	Amount	Remarks
abC Defghij*	High-Tech Company	abCDe	An additional sum of up to $5m will be paid depended on Oversi's performances in 2012.

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Third Round

Oct. 18, 2010

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe	Through TempoPark Fund
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe	Led the round
abC Defghij	High-Tech Company	abCDe

Second Round

Jun. 01, 2008

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe	Through TempoPark Fund
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	High-Tech Company	abCDe

First Round - Extended

Jun. 11, 2007

Initial Revenues

abCDe

First Round

Dec. 12, 2006

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe	Through TempoPark Fund
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe	Led the round

Other

Mar. 01, 2006

abCDe

Seed - Extended

Mar. 01, 2005

Seed

abCDe

Seed

Nov. 01, 2004

Seed

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Incubator	abCDe

	R&D Grants

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Round

Date

Stage

Amount

Remarks

R&D Grant

Oct. 30, 2008

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Bi-Lateral R&D Program	abCDe	Granted by the EU Seventh Framework Program for R&D

R&D Grant

Nov. 01, 2004

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe

Last Updated:	abCDe
IVC Number:	abCDe