Start-ups

Digital Evolution, a start-up based in Santa Monica, California, closed its Series C financing with $15 million in new capital for its Web Services Security and Management software. The new...

NanoOpto Corporation, a start-up based in Somerset, New Jersey, closed on an additional $3.3 million in venture financing for its proprietary nano-fabrication technology for optical components. The company combines its...

Nortel Networks will invest in Global IP Sound (GIPS), a Swedish start-up offering embedded voice processing technologies. The warrant issue represents five percent of the fully diluted value of Global...

Meru Networks, a start-up based in Sunnyvale, California, has developed a Dual Speed WLAN technology that enables its Wi-Fi access points to overcome the "802.11g client performance penalty" that occurs...

Natural Convergence, a start-up based in Ottawa, secured CDN$12 million in Series B funding for its VoIP application software for service providers. The company's hosted IP solution called "silhouette", is...

PacketLight Networks, a start-up based in Kfar-Saba, Israel, closed a new round of funding for its optical transport and access systems. Yehuda and Zohar Zisapel and RAD Ventures join current...

Pure Networks, a start-up based in Seattle, is gaining market traction for its "Port Magic" software, which automatically configures most home networking routers to securely open and close ports as...

Mirage Networks, a start-up based in Austin, Texas, closed $13 million in its Series B round of funding for its security solutions for "Interior Network Defense." Mirage Networks offers an...

SANRAD, a start-up developing and delivering intelligent iSCSI IP SAN solutions, closed a funding round of $8 million with Sequoia Capital as the principal investor. Also participating in this latest...

Alcatel has made and equity investment in Tropic Networks, a start-up offering metro-area optical networking gear. In addition to the financial investment, Alcatel has also entered into a global agreement...

CinemaNow has secured $11 million in Series D financing led by Menlo Ventures. Additional investments were made by Cisco Systems, and existing investor Lions Gate Entertainment. The company said the...

Paradyne Networks will acquire Net to Net Technologies' complete product line and intellectual capital portfolio for up to $3 million in cash and 604,839 shares of Paradyne stock, subject to...

Nayna Networks, a start-up based in San Jose, California, three new gigabit class intelligent EFM access switches. The new products build on Nayna's intelligent multi-network, multi-service ExpressSTREAM platform to allow...