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11/06/12 | Uncategorized

Aquto Founder And CEO Susie Kim Riley Raises $8 Million Series A

Boston-based serial entrepreneur Susie Kim Riley raises Series A for her mobile startup Aquto to disrupt how we look at mobile data plans.
By Angie Chang (Co-Founder & Editor-in-Chief, Women 2.0)

Susie Kim Riley is a serial entrepreneur. After rising in engineering ranks at companies, she founded and led technology development at Camiant as CTO, pioneering a new market for policy control and successfully deploying product with 45 carriers worldwide. Camiant was acquired by Tekelec for $130 million in April 2010.

Last week, her new startup Aquto announced raising $8 million Series A funding from North Bridge Venture Partners and Matrix Partners. The Boston-based mobile startup provides a platform to manage mobile broadband data plans, creating new opportunities for consumers, content providers, advertisers and operators.

Congrats to Susie Kim Riley and her team at Aquto on securing venture funding to pursue their vision!

Women 2.0 readers: What energy or cleantech startups are you excited about aside from Danielle Fong’s LightSail Energy? Let us know in the comments.

Angie Chang is Editor-in-Chief and Co-Founder of Women 2.0, a media company offering content, community and conferences for aspiring and current women innovators in technology. Our mission is to increase the number of female founders of technology startups with inspiration, information and education through our platform. Previously, Angie held roles in product management and web UI design. Angie holds a B.A. in English and Social Welfare from UC Berkeley. Follow her on Twitter at @thisgirlangie.

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