Hot Start-ups

PacketLight Networks, a developer of metro multi-service optical transport and access systems, announced plans to focus on the growing storage transport market. PacketLight offers a range of products for storage...

CloudShield Technologies, a start-up based in Sunnyvale, California raised $20 million in third round venture financing for its multigigabit, open network services platform. CloudShield's open network services platforms eliminate the...

Mirra, a start-up based in Mountain View, California secured $8 million in Series B funding for its digital content protection and management solutions for consumers. The company offers a Linux-powered...

VideoCodes, a start-up developing code domain processing (CDP) software for digital video infrastructure vendors, secured $2 million in Series A financing led by Jerusalem Global Ventures. VideoCodes specializes in software-based...

T-Venture, the venture capital arm of Deutsche Telekom AG, made a $2 million investment in BelAir Networks, a supplier of cellular LAN infrastructure. The BelAir Networks cellular LAN solution combines...

Astute Networks, a start-up based in San Diego, closed a $15M round of venture capital funding for its silicon-based protocol acceleration solutions. The company is developing an Intelligent Protocol Processor...

Cisco Systems agreed to acquire Riverhead Networks, a start-up based in Cupertino, California for its security technology that protects against Distributed Denial of Service ("DDoS") attacks and other security threats...

NeoPhotonics, a start-up based in San Jose, California raised $40 million in venture funding for its integrated optical modules and systems. The company's products are especially targeted at FTTP and...

The European Organization for Nuclear Research (CERN) has selected Chiaro Networks' "Enstara" router for its DataTAG project, a large-scale intercontinental Grid test bed. CERN is testing the Enstara platform for...

Cisco Systems will acquire Twingo Systems, a start-up based in Mountain View, California, for approximately $5 million in cash. Twingo Systems develops desktop security solutions for Secure Socket Layer (SSL)...

Mangrove Systems, a start-up based in Wallingford, Conn., named John Gamelin as Vice President of Technology, and Paul Doolan as Vice President of Network Architecture. Gamelin previously served as co-founder...

Kagoor Networks, a start-up based in San Mateo, California, introduced a 3-way session controller architecture that incorporates a Proxy, a Back-to-Back User Agent, and a MIDCOM distribution protocol in a...

Xtera Communications, a start-up offering optical transport solutions for regional, long- haul and ultra-long-haul networks, named Jon R. Hopper as its new president and CEO. The company also appointed Paul...