Start-ups

Siemens Venture Capital has made a multimillion-dollar investment in Global Locate, a start-up offering Assisted Global Positioning Systems. Global Locate is focused on the emerging market for Location Based Services...

Motorola made a strategic minority investment in Sonaptic Limited, a start-up developing advanced audio technologies for the mobile device market. The technology creates an immersive, three- dimensional sound environment that...

Bay Microsystems, a start-up offering high performance packet processing silicon solutions, announced it has reached profitability and that it has agreed to acquire Parama Networks, a start-up developing an ADM-on-a-chip...

Cisco Systems will acquire FineGround Networks, a start-up based in Campbell, California, for approximately $70 million in cash and options. FineGround offers network appliances that accelerate, secure, and monitor application...

Caspian Networks secured an additional $55 million in venture funding for its flow-state routers. The new round of funding includes existing investors Oak Investment Partners, U.S. Venture Partners, Morgenthaler Ventures,...

Sandvine, a start-up based in Waterloo, Ontario, secured US$15 million in venture capital financing for its application and subscriber-aware broadband management solutions. Sandvine's platforms help service providers better understand subscriber...

Aktino, a start-up based in Irvine, California, announced the completion of its oversubscribed series-B funding round, totaling $16 million. Aktino offers DMT-based copper access platforms enabled by MIMO techniques. The...

AgileTV, a start-up based in Menlo Park, California, raised $22 million in venture funding for voice navigation services for the cable television industry. Agile TV's core product, Promptu, uses a...

ECI Telecom agreed to acquire Laurel Networks, a supplier of IP/MPLS multi-service edge routers, for $88 million in cash. Laurel's line of multi-service edge routers provide Internet class routing, Layer...

TZero Technologies, a start-up based in Sunnyvale, California, named Richard Sekar as vice president of marketing. TZero is developing a new line of UWB wireless silicon solutions. Sekar comes to...

Bay Microsystems was awarded a follow-on contract with the U.S. federal government to provide 40 Gbps technology used in the government's global mission-critical secure broadband network. Bay has been delivering...

Zetera, a start-up based in Irvine, California, raised $13.5 million in Series "A" financing for new storage technology "that enables storage solution manufacturers to deliver high performance and reliability at...

Glimmerglass, which supplies automated fiber management solutions, named Robert Lundy as its new president and CEO. Previously, Lundy successfully built Wavtrace, a broadband wireless access company which was later acquired...