Netaxis Solutions has secured a mezzanine loan from Pride Capital Partners to bolster its international expansion and transition towards a SaaS-based revenue model.

Information on the Target

Netaxis Solutions is a prominent software company specializing in the telecom sector. Established in 2010 by a team of four telecom engineers, the company is headquartered in Brussels, Belgium, and has grown to employ 45 professionals, predominantly engineers. Since embarking on its international expansion in 2016, Netaxis has established a presence in the Netherlands, Italy, France, and the United Kingdom.

The company provides a comprehensive suite of products designed to assist telecom operators in managing their networks while transitioning traditional voice services into innovative web-based applications. Their portfolio includes five proprietary software products that enhance operational efficiency, reduce costs, and streamline customer onboarding through automation. Netaxis serves Tier 1 telecom operators such as MTN, KPN, T-Mobile, Orange, Proximus, and Vodafone, and also caters to multinational corporations like ABN AMRO and Nuon.

Industry Overview in Belgium

The telecom industry in Belgium is characterized by a dynamic landscape, with various players competing for market share and adopting new technologies to enhance service offerings. The increasing demand for high-speed i