Start-ups

New Global Telecom (NGT), a provider of hosted VoIP services, raised announced the completion of a $10.75 million Series A Preferred Stock financing round to fund continued expansion. The company...

Cisco Systems will acquire privately-held SyPixx Networks, a developer of network-centric video surveillance software and hardware, for approximately $51 million in cash and options. SyPixx enables existing analog video surveillance...

AllPeers Ltd, a software start-up based in Oxford, England, raised series A funding for its peer-to-peer multimedia application for the Firefox browser. Serving as an extension to Firefox, AllPeers uses...

Novera Optics, a start-up based in Santa Clara and Daejeon, South Korea, raised $7.4 million in new funding for its fiber optic access solutions for global markets. Last year Novera...

Vyatta, a start-up based in San Mateo, California, launched an online community aimed at developing an open source routing alternative to Cisco and Juniper. A beta version of the Vyatta...

EnVysion, a start-up based in Boulder, Colorado, raised $3 million in first round funding for its broadband video surveillance plans. EnVysion is developing an Internet-based platform to enable a service-based...

Oracle agreed to acquire Sweden-based HotSip AB, a provider of telecommunications infrastructure software and Session Initiation Protocol (SIP) enabled applications for IP telephony, presence, messaging and conferencing on new converged...

Vativ Technologies, a fabless semiconductor company based in San Diego, will supply its 10Gigabit Ethernet (10GbE) copper transceiver for Occam Networks' next generation Intelligent Blade Interconnect Architecture. Using Vativ's transceiver...

Mazu Networks, a start-up based in Cambridge, Massachusetts, closed $7 million in new funding for its behavior-based network security solutions. Mazu Profiler is a Network Behavior Analysis (NBA) system that...

Hammerhead Systems announced the appointment of Dr. Richard Gitlin as Chief Technology Officer. Dr. Gitlin joins Hammerhead Systems after a distinguished 32-year career at Bell Labs and Lucent leading pioneering...

ThingMagic, a start-up based in Cambridge, Mass., has raised $21 million in financing to support the development of its radio frequency identification (RFID) technology. ThingMagic's Mercury4 RFID reader platform is...

Silver Peak Systems, a start-up based in Mountain View, California, secured $13 million in series B funding for its enterprise-class network acceleration appliances. Silver Peak is developing "Local Instance Networking"...

Mazu Networks, a start-up offering behavior-based network security solutions, named Charles Kaplan as chief security strategist. Previously, Kaplan was the chief information security officer for VeriSign Managed Security Services (MSS),...