Miami, Florida - ESpace Networks, an early-stage startup specializing in building Software-as-a-Service (SaaS) solutions for Satcom markets, is pleased to announce that it has raised $10 million in funding. The funding round was led by Columbia Capital, a prominent venture capital firm focused on investing in cutting-edge technology companies.

ESpace Networks, founded by Shadrach Benny R., is headquartered in Miami, Florida, and operates within the telecommunications industry. The company's flagship product is a digital network platform designed for secure and seamless hybrid connectivity integration and operations. Leveraging advanced AI technologies, ESpace Networks offers insights from Neuron to optimize procurement, streamline network operations, and enhance Quality of Experience (QoE) for its customers.

With the increasing demand for reliable and efficient connectivity solutions in the satellite communications market, ESpace Networks has emerged as a key player, providing innovative solutions that unlock significant cost savings. By harnessing the power of AI-powered connectivity optimization and bandwidth-efficient encryption, ESpace Networks enables its clients to achieve 20-30% cost savings while maintaining high-quality connectivity.

"We are thrilled to announce the successful completion of our recent funding round," said Shadrach Benny R., Founder of ESpace Networks. "This significant investment from Columbia Capital will enable us to accelerate our development efforts, strengthen our market presence, and better serve our customers with cutting-edge SaaS solutions for the Satcom market."