Start-ups

Two prominent venture capital firms will acquire the legendary BBN development labs from Verizon. General Catalyst Partners, a private equity firm based in Cambridge, Massachusetts, and Accel Partners, a venture...

Turin Networks, a start-up based in Petaluma, California recently reached the 75th customer milestone. The company said it is gaining momentum with Independent Operating Company (IOC) customers and other service...

Zhone Technologies acquired the assets of Gluon Networks, a start-up based in Petaluma, California for approximately $7.0 million. Gluon had been developing next-generation converged switching systems for service providers. Gluon's...

Laurel Networks named Don Pyle as its new CEO, succeeding company co-founder and CEO Atul Bansal, who has been named president and Chief Operating Officer (COO). Most recently, Pyle was...

Vivato, a WLAN start-up whose technology is based upon an innovative signal processing and antenna design, named Donald Stalter as its new CEO. Previously, Stalter served as the chief operating...

Alcatel agreed to acquire WaterCove Networks, a start-up developing next generation mobile networking equipment called GGSN (GPRS Gateway Support Node) for an undisclosed sum. Key elements of the WaterCove architecture...

Hammerhead Systems, a start-up based in Mountain View, California, raised $25 million in Series B financing, bringing its total funding to $43 million. Hammerhead Systems is developing a next generation...

Trapeze Networks, a start-up based in Pleasanton, California named James W. Vogt as its new president and CEO. Prior to joining Trapeze, Vogt was president and CEO at Ingrian Networks,...

Picolight, a start-up based in Boulder, Colorado, closed raised $10 million in new venture funding for its high-speed opto-electronic sub-components and fiber optic transceivers. Picolight supplies a 1310nm vertical cavity...

Pedestal Networks, a start-up based in Fremont, California, raised $20 million in Series C funding for its line-powered DSLAMs. Pedestal Networks' platform combines patent-pending power technology, automated provisioning, and an...

Netrake, a start-up based in Plano, Texas, secured $20 million in fourth round of funding for its session controllers for VoIP interconnection. Netrake's nCite session controllers enable IP-to-IP Gateway functionality...

Broadbus Technologies, a start-up based in Boxborough, Massachusetts, closed $25 million in oversubscribed Series B funding for its video-on-demand (VOD) server systems for the cable television industry. The Broadbus video...

Rocksteady Networks, a start-up based in Austin, Texas closed a $4 million Series A funding round led by Centennial Ventures. Rocksteady Networks develops software that enables user specific dynamic bandwidth...