Venturi Wireless Names CEO
Venturi Wireless named Bret Sewell as its new president and CEO. Sewell previously served as president of SnapTrack, Inc., a $50 million company that created the high-precision location-based wireless services...
Hot Start-ups
Innovation Across the Digital Infrastructure Stack From Silicon Valley to the global infrastructure ecosystem, Converge Digest tracks the companies building tomorrow's networks. |
Innovation Pillars AI InfrastructureSemiconductorsOptical NetworkingData CentersQuantumSpaceWireless |
| Tracking: Funding • Tapeouts • Product Launches • Customer Deployments • Manufacturing • Partnerships • Acquisitions |
Personeta Raises $12 Million for IMS Application Servers
Personeta, a start-up based in Naperville, Illinois with R&D in Israel, secured $12 million in additional equity financing in a series D round for its Network Service Control (NSC) and...
Paragon Wireless Raises $7 Million for VoWLAN
Paragon Wireless, a start-up based in Dallas, Texas and Beijing, China, raised $7 million in Series B funding for its VoWLAN solution. Paragon designs and develops standards-compliant VoWLAN equipment including...
T-Com Venture Fund invests in Nominum
The T-Com Venture Fund has made an equity investment in Nominum, a developer of IP address infrastructure solutions. Nominum's Foundation product family includes scalable, reliable and secure DNS and DHCP...
Raptor Networks Raises $7.7 Million for Distributed Switching
Raptor Networks Technology, a supplier of modular switching technologies for video, VOIP, high speed storage and other latency sensitive network applications, announced $7.728 million in equity financing led by Brookstreet...
Greenfield Names Cisco Exec as CEO
Greenfield Networks, a start-up offering merchant Ethernet switching silicon solutions, named Bill Rossi as its President and CEO. Rossi previously served as vice president and general manager of the Wireless...
BroadLight Raises $10 Million for GPON Silicon
BroadLight, a start-up offering components for FTTP solutions, closed $10 million in a series D financing round led by Motorola Ventures. Motorola Ventures was joined in the funding round by...
Intel Establishes $50 Million Venture Fund for Middle East and Turkey;
Intel has established a US$50 million venture capital fund to invest in technology companies developing innovative hardware, software and services in the region covering the Middle East and Turkey. The...
Strix Secures $12 Million for Wireless Mesh
Strix Systems, a start-up based in Calabasas, California, secured $12 million in an oversubscribed round of preferred stock financing for its wireless mesh networking solutions. Strix's Access/One solutions employ a...
AT&T Invests in Clovis for Open OSS
AT&T has made an equity investment in Clovis Solutions, a start-up based in Petaluma, California, whose software-based solutions help to facilitate an open-network, open-architecture environment and provide a common-standard OSS...
Motorola Invests in Tekion for Micro Fuel Cells
Motorola Ventures has made a strategic investment in Tekion, a start-up developing micro fuel cells for mobile products. Financial terms were not disclosed. Tekion, which has operations in both Champaign,...
GigaBeam Raises $18.9 Million for "WiFiber"
GigaBeam, a start-up based in Herndon, Virginia, announced the private placement of $18.9 million stated value of the company's Series B convertible preferred stock and common stock purchase warrants to...
NexTone Raises $35 Million, Sees Customer Momentum for Intelligent Session Management
NexTone Communications raised $35 million in Series D funding for its distributed and intelligent session management solutions for VoIP and other real-time IP services. NexTone, which has provided intelligent session...
A private dossier for networking and telecoms