[Abstract from Street Talk, Australian Financial Review Dec 14, 2020]

Telecommunications software provider ActivePort is looking to make the most of the holiday seasons. Street Talk understands the ASX-aspirant is poised to close off a Christmas pre-IPO funding round this week, before returning to investors around Easter next year to raise $10 million for its float.

ActivePort has developed software which helps telecommunications manage the provision of their network services and adjust bandwidth to meet capacity demands. Its software has been designed to work with big ticket network providers like Megaport, Amazon’s AWS, Microsoft’s Azure and Google Cloud, among others.

Read more in Street Talk, Australian Financial Review.