Oren Shmulevich, Airslide's chief executive and chief technology officer, believes his company has the right product at the right time.
Research suggests that every handset receives an average of three SMS messages a day.
We are seeing exponential growth in SMS traffic, which is beginning to clog SS7 signalling networks. Operators can increase the number of boards as and when they need the capacity. Airslide was formed late 1999 and initially backed by, among others, Cisco Systems and Sequoia Capital. Other companies to have invested in the recent second round of financing included Intel, SingTel and KPNQwest.