Manuk Hergnyan

Granatus Ventures

Co-founder and Managing Partner at Granatus Ventures

Alexis Ohanian


American entrepreneur, investor, co-founder of the social news site Reddit

Artashes Vardanyan

Microsoft Innovation Center

Director of Microsoft Innovation Center

Liana Korkotyan

Microsoft Armenia

Microsoft country manager in Armenia


Online taxi order in Yerevan

Eye Care Plus

Check and practice to improve eyesight


Photo editor


Interactive desk to draw and chat


Online taxi service


Armenian-Russian social fitness platform

Melon Splash

Match-3 Pet Saving Adventure


Online taxi order app

Granatus Ventures invests in XCloud Networks

Granatus Ventures has announced about leading the investment round in XCloud Networks.

XCloud Networks creates software defined solutions for telecom and data centers to make their network infrastructures much more efficient. They have already succeeded in minimizing network engineers’ time expenses for about 100 times, capital expenses for up to 20 times and operational expenses for up to 5 times.

CEO of XCloud Networks Alex Saroyan told that the investment would help them expand the Armenian-based team, as well as start operation in U.S., form a team and find new partners.  

“Our main goal is selling our product to U.S.-based companies with IT infrastructure, as well as provide more efficient alternative to traditional solutions, offered by Cisco, Juniper and other popular companies,” he noted.

According to Alex Saroyan, at this moment they keep the investment volume in secret, as they expect other investors in this round in addition to Granatus Ventures.

submit to reddit


Dear visitors, You can place your opinion on the material using your Facebook account. Please, be polite and follow our simple rules: you are not allowed to make off - topic comments, place advertisements, use abusive and filthy language. The editorial staff reserves the right to moderate and delete comments in case of breach of the rules.