Start-ups

Cisco Systems' Linksys division agreed to acquire privately-held KiSS Technology A/S, a developer of networked entertainment devices, for approximately $61 million in cash and stock. KiSS, which is based in...

GraniteEdge Networks, a start-up based in Seattle, closed $5 million in Series A funding for its development of a network security analytics system. GraniteEdge is developing a system that offers...

RedSky Technologies, a provider of automated E-911 software solutions for enterprise and government customers, secured its first round of venture capital financing from two major Midwest-based venture capital firms, CID...

Ellacoya Networks, a start-up based in Merrimack, New Hampshire, raised an additional $13.5 million in venture funding for its broadband bandwidth management platform. The Ellacoya IP Service Control System enables...

Former Secretary of State Colin Powell has joined Kleiner Perkins Caufield & Byers (KPCB), a premier venture capital firm based in Menlo Park, California, as a strategic limited partner. Since...

Nominum, a start-up developing IP address infrastructure solutions, announced funding from Juniper Networks. The investment will be used to further expand worldwide sales and business operations in support of its...

Spanlink Communications, a start-up based in Minneapolis, completed a $12 million round of Series A financing for its customer interaction solutions that leverage VoIP. Spanlink software products enhance VoIP networks...

NextHop Technologies, a start-up based in Mountain View, California, closed $10.5 million in Series B funding for its network source code solutions. NextHop's flagship product, GateD, provides a scalable and...

Pannaway Technologies, a developer of converged broadband voice, video and data platforms, completed a $15.6 million E round of funding from private investors. The company plans to use the funding...

Cisco Systems agreed to acquire NetSift, a start-up based in San Diego, for approximately $30 million in cash and options. NetSift develops content processing technology focused on high speed networking...

Redknee, a start-up based in Toronto, raised US$10 million in debt financing for its telecommunication software solutions. Redknee's software capabilities include service provisioning, real-time converged billing, messaging, service control, customer...

Alcatel is launching a Venture Capital Partnership Program in China aimed at accelerating the development of home-grown IT and telecom technologies. The program will be managed directly by Alcatel Shanghai...

picoChip, a start-up based in Bath, UK, secured $20.5 million in third round funding for its DSP tuned for high-performance wireless applications, including WiMax and HSPDA. picoChip said its technology...