Start-ups

NeoScale Systems, a start-up based in Milpitas, California, secured $12 million in second round equity funding for its enterprise storage security solutions. NeoScale offers a CryptoStor wire-speed, policy-based storage security...

At the closing of this week's NGN Ventures Conference in Burlingame, California, Co-Chairmen Dr. John McQuillan and David Passmore summarized some of the most notable themes of the event. McQuillan...

The bubble era's brute force solutions of bandwidth and people does not scale and cannot work any longer, said Doug Brent, CEO of Packet Design, at the NGN Ventures conference....

"I'm a big fan of WLAN," said Ray Dolan, Chairman & CEO of Flarion Technologies. 802.11 is already the WLAN winner and it will be wildly successful for many years....

DWDM systems need to be simplified and made less expensive, according to Kevin Ranking, President & CEO Tropic Networks, who spoke at this week's NGN Ventures Conference. First generation DWDM...

Ipsum Networks, a start-up based in Philadelphia, raised $6 million in Series B funding for its development of IP management solutions that assure application infrastructure availability. Ipsum's Route Dynamics solution...

Mangrove Systems, a start-up based in Wallingford, Connecticut, secured over $20 million in financing for its development of a GFP-based Transport Aware Switching system. GFP (generic framing procedure) is a...

Motorola will acquire Winphoria Networks, a start-up providing packet based mobile switching centers for wireless networks. Financial terms were not disclosed. Motorola said adding Winphoria's soft-switch will address a long-standing...

New technology must enable the incumbent service providers to reduce their risks of deployment, said Tuvia Barlev, CEO of Actelis Networks, speaking at this week's NGN Ventures Conference in Burlingame,...

The networking venture business has retreated to its 1995 level, said Dr. John McQuillan, speaking at the opening of the NGN Ventures conference in Burlingame, California. The amount of money...

Alloptic, a start-up based in Livermore, California, secured $35 million in new financing for its Gigabit Ethernet Optical Access solutions. Alloptic access network equipment delivers bundled data, video, and voice...

DataPower Technology, a start-up developing XML-aware network infrastructure, named Jim Ricotta as its new president and CEO. Ricotta was most recently the General Manager of Cisco Systems' Content Networking division...

TeraXion, a start-up based in Quebec City, secured an additional $10 million in an ongoing second round of financing for its advanced optical components. TeraXion is preparing to launch new...