Hot Start-ups

To address the huge logistical challenge of migrating to a new data center, Infineta Systems, a start-up based in San Jose, California, has introduced a WAN optimization service built around...

LSI agreed to acquire SandForce, a start-up based in Milpitas, California, for $322 million in cash, net of cash assumed, and assume approximately $48 million of unvested stock options and...

Cisco will acquire BNI Video, a start-up developing video control plane software for cable operators, for approximately $99 million in cash and retention-based incentives. BNI's platform allows video service providers...

Qwilt, a start-up based in Redwood Shores, California, has raised $24 million in two rounds of funding for its development of video infrastructure products. The company's mission is to help...

Siklu Wireless, a start-up based in Petach Tikva, Israel, raised $19 million in Series B funding for its EtherHaul E-band radios aimed at the mobile backhaul market. The Siklu EtherHaul...

Benu, a start-up based in Billerica, Mass., is building a new Mobile Edge Gateway (MEG) for 4G Evolved Packet Core (EPC) networks. Benu's Mobile Edge Gateway (MEG) is a carrier-grade,...

Dropbox, a start-up based in San Francisco, raised $250 million in Series B financing for its online storage service. Dropbox currently has 45 million users who are collectively saving one...

VSS Monitoring, a privately-held supplier of Network Intelligence Optimization, reported a record breaking Q3 2011 with 55 percent quarter-to-quarter growth. The company, which achieved year-over-year growth of 107 percent, ,...

Box, a start-up based in Palo Alto, California, raised $81 million in a Series D Expansion round of funding. Box offers a cloud-based storage service that has attracted 7 million...

Intel has acquired TelMap, a provider of location based services, in a deal reportedly valued at $300 - 350 million dollars. TelMap, which is based in Israel, provides mobile operators...

Big Switch Networks, a start-up based in Palo Alto, California, has hired Howie Xu to lead the R&D organization. Xu led VMware's networking R&D team for the past five years...

Skorpios Technologies, a start-up based in Albuquerque, New Mexico, raised $19 million in Series B round of financing for its composite silicon photonic technology. Skorpios Technologies has developed an advanced...

AT&T has opened its newest "Foundry" innovation centers in Palo Alto, California. The Palo Alto center, sponsored by Ericsson, is the third permanent AT&T Foundry facility to open worldwide, adding...