Movik Networks, whose CEO John St. Amand is a 1991 graduate of the Electrical and Computer Engineering Department at UMass Amherst, was announced recently as one of the top 15 emerging companies in the wireless industry. The honor came from FierceWireless, a daily email newsletter focused on matters relating to the wireless technology industry. Movik was also ranked 27th in The Wall Street Journal's third annual ranking of the top 50 venture-capital-backed companies. Chosen from a pool of nearly 6,000 candidate companies, Movik is recognized as having the potential to make a technological breakthrough, topping The Wall Street Journal's "Next Big Thing" list.
The FierceWireless editors chose Movik, headquartered in Westford, Massachusetts, and 14 other privately-held wireless companies among hundreds of organizations they cover.
Movik is the first company in the industry to solve the problem of learning, correlating, and acting on radio access network congestion in real time, enabling operators to optimize and manage their most valuable network asset and deliver the best possible quality of experience for their subscribers.
As CEO, St. Amand is responsible for driving global adoption of Movik’s technology by mobile operators and scaling the organization to meet customer commitments. St. Amand is an experienced and successful mobile telecommunications executive who has been widely recognized as an entrepreneurial leader resulting in many industry accolades. Among other honors, he has been chosen as a Deloitte & Touche's Technology Fast 50 Rising Star, an Ernst & Young Entrepreneur of the Year Finalist, a Mass High Tech All Star, and a member of the Board of Directors on the Massachusetts Telecom Council.
Most recently, St. Amand was a venture partner with Highland Capital Partners, where he specialized in working with companies focused on mobile technologies. Prior to Highland, he was president of Alcatel-Lucent’s Multi-Core Networks and Lucent Technologies’ Converge Core Networks (before its merger with Alcatel). He was responsible for managing multi-billion dollar businesses encompassing mobile and fixed core network elements from both companies.
Before Alcatel-Lucent, he was the founder and CEO of Telica, which built mobile and fixed-core switching equipment. The company secured more than 60 customers, including many incumbent operators around the world. Telica was acquired by Lucent in 2004 for $330 million.
Now Movik is moving up in the world. "Movik's platform helps operators make sense of signaling traffic by providing a real-time look at the radio access network," said Sue Marek, Editor-in-Chief of FierceWireless. "We are impressed with Movik's ability to enable mobile operators to make better use of their existing RAN and packet core resources and thereby reduce their CAPEX needs."
Movik recently moved into a 12,000 square-foot facility in Westford. The move was enabled by rapid growth brought about by $25 million in new venture capital earlier in the year. Since its founding in 2007, the company has grown to open international branches in England and India as well as employing 80 people, 32 of whom are in Massachusetts. (October 2012)