Cross Network Intelligence secures new investment from J&T Thein fund, boosting growth plans

17 February 2021

Cross Network Intelligence secures new investment from J&T Thein fund, boosting growth plans

Cross Network Intelligence (CNI) is excited to announce that it has secured additional investment from the J&T Thein fund. The fund, which is led by Tomáš Budník and J&T Private Equity Group, is focused on innovative companies in the communications and IT sectors, and has made a number of recent investments in Czech companies.

The investment sees J&T Thein secure a 10% holding in CNI, extending its portfolio. CNI will use the new capital to accelerate and expand its product evolution strategy, building on its recent success in securing both new contracts and partners.

CNI’s customers benefit from a transformative approach to inventory management, which is aligned with the challenges of moving to automated operations and deeper integration between operational and business systems. This process is accelerating, as operators roll out new fibre investments and transition towards virtual, 5G networks.

CNI’s innovative approach has seen the company enjoy rapid growth and significant international expansion. The move follows a previous investment from Air Ventures, reflecting continued successful execution of CNI’s strategy.

Learn more, here.