IT Services Company BD Innovations Raises $2 Million

Israel-based BD Innovations has raised $2 million from a strategic group of investors, the company announced Tuesday. The company intends to use the investment for marketing and to expand into the core network domain.

Founded in 2009, BD offers a business support system that integrates features such as database maintenance and optimization, file management, and software integration into internet, mobile, fixed-line, and television services. Customers include Maltese telecom Melita Ltd., Abu Dhabi-based Emirates Telecommunication Group Company PJSC, also known as Etisalat, and some of Israel's largest telecoms, including Bezeq, Cellcom, and Orange.