Canada-based LiveQoS said it was able to secure USD 4 million from Miralta Capital for its Series C round. LiveQoS is the market leader in Quality of Service or QoS for clients in the cloud and mobile industries. Its unique IPQ platform can look for and repair issues found on wired and wireless networks.

Proceeds from the latest fundraising round would be used by the company to develop and launch is mobile Quality as a Service platform, LiveQaaS.

LiveQoS Chief Executive Officer Martin Horne said about the new investment, "LiveQoS's traditional deployment model is on-premise. Now we've built the powerful capabilities of our IPQ^TM QoS framework to be delivered as a service. This will enable us to meet the growing demands of mobile app developers and mobile device manufacturers who want to deliver the best quality of experience to their end-users. We are already working with some well-known companies and are excited for our further development."