NETGEAR Raises $98 Million in IPO
Shares of NetGear began trading on the NASDAQ National Market under the ticker "NTGR." Net proceeds from the offering were approximately $98 million. NetGear offered seven million shares of its...
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Universal Access Closes $16 Million Investment
Universal Access Global Holdings, a communications and network integrator based in Chicago, received a $16 million equity investment from CityNet Telecommunications, a carrier that has pioneered deployment of last-mile fiber...
F5 Networks Acquires uRoam for SSL Remote Access
F5 Networks acquired the assets of privately-held uRoam, a developer of SSL-based remote access solutions, for $25 million in cash. uRoam's line of "FirePass" servers enable secure web-based access to...
HP Acquires PipeBeach for VoiceXML System
HP has acquired PipeBeach AB, a Stockholm, Sweden-based provider of speech-based products and technology that enable the delivery of interactive voice solutions. PipeBeach offers a VoiceXML system that lets users...
NextNet Wireless Secures Funding for its NLOS Systems
NextNet Wireless, a start-up based in Minneapolis, raised an additional round of funding to support its non-line-of-sight (NLOS) broadband wireless access systems. NextNet NLOS broadband wireless system uses OFDM to...
Airespace Raises $22 Million for Wireless Platform
Airespace, a start-up based in San Jose, California, secured $22 million in series C funding for its development of wireless networking platforms that support business-critical applications. The company's AireWave Director...
Hammerhead Names Ex-Lucent Exec as CEO
Hammerhead Systems, a start-up based in San Jose, California, named Joe Sigrist as President and CEO. Sigrist joins from Lucent Technologies where he was President of the Edge Access Systems...
StoneFly Networks Raises $12 Million for IP Storage
StoneFly Networks, a start-up based in San Diego, closed $12 million in Series C funding for its IP-based storage provisioning appliances. StoneFly's Storage Concentrator products are based on the iSCSI...
FlexLight Raises $17 Million for Gigabit PONs
FlexLight Networks, a start-up based in Atlanta, Georgia and Kfar Saba, Israel, secured $17 million in third round funding for its development of a Gigabit Passive Optical Networking (GPON) solution...
MathStar Secures $6 Million for its Field Programmable Object Arrays
MathStar, a start-up based in Minneapolis, Minnesota, secured $6 million in new funding for its Field Programmable Object Array (FPOAs), which are positioned as an alternative to 130nm ASICs and...
Quarry Technologies Names New CEO
Quarry Technologies, a start-up based in Burlington, Massachusetts, named Ian Mashiter as its new president and CEO. Quarry offers MPLS-enabled VPN security service routers. Quarry said that while MPLS VPN's...
Fiberlink Raises $50 Million for its Policy-based Remote Access
Fiberlink Communications, a provider of policy-based remote access solutions for the enterprise market, secured $50 million in funding from Technology Crossover Ventures (TCV). Fiberlink's policy-centric platform and service integrates applications,...
Native Networks Raises $11.5 Million for Ethernet over SONET/SDH
Native Networks, a start-up headquartered in London with R&D in Petah Tikva, Israel, raised $11.5 million in third round funding for its metro Ethernet over SONET/SDH solutions. The company's platforms...
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