TelcoDR launches $1 billion telco cloud fund

Danielle Royston (pictured), the founder of eponymous TelcoDR, which is dedicated to encouraging telcos move into the public cloud, has dug up a ton of cash to help the cause.
The $1 billion Telco Transformation Fund seems to be a kind of incubator/VC operation that will chuck money at companies involved in the development and cloudification of software products for the telco market. It will be overseen by a new TelcoDR subsidiary called Skyvera, which will also incubate companies acquired by th