Hot Start-ups

Intel Capital announced the investment of $24 million in seven start-up companies. These include: DynamicOps (Burlington, Mass.) -- provides an Operations Virtualization platform that enables enterprise IT to evolve existing...

Qosmos, a start-up based in Paris, raised EUR 19.8 million (US$28.5 million) for its Deep Packet Inspection (DPI)- based Network Intelligence (NI) technology. Qosmos' ixEngine provides visibility into data crossing...

Cisco has acquired privately-held Versly, a software developer based in San Francisco. Financial terms were not disclosed. Versly integrates collaboration capabilities via a plug-in into Microsoft Office applications, simplifying the...

Big Switch Networks, a start-up based in Palo Alto, California, reached a significant milestone in its bid to build an open, fully-programmable enterprise switching platform based on Open Flow. The...

Embrane, a start-up based in Santa Clara, California, raised $18 million in Series-B financing for its distributed software platform. Embrane aims to accelerate the adoption of cloud computing and IT-as-a-service...

Siklu Wireless, a start-up based in Petach Tikva, Israel, announced its entrance into the North American market. The flagship Siklu EtherHaul E-band radio operates in the licensed 71-76/81-86GHz portion of...

6connect, a start-up based in Palo Alto, California, secured $2 million in a Series A financing for its IPv4 to IPv6 network automation platform. 6connect, which was founded in 2009,...

6fusion, a start-up based in Raleigh, North Carolina, raised $7 million in funding for its cloud management platform. 6fusion features a unique Workload Allocation Cube (WAC) metering algorithm that standardizes...

Skype has acquired GroupMe, a provider of mobile group messaging services, for an undisclosed sum. GroupMe offers a sticky group messaging experience that works across mobile devices and platforms. The...

Centrify, a start-up based in Sunnyvale, California, raised $16 million in Series D funding for its security and compliance solutions designed to centrally control, secure and audit both on-premise and...

F5 Networks has acquired the intellectual property assets of Crescendo Networks, a start-up founded in 2002 that pursued application acceleration technology. The assets were acquired through liquidation proceedings in Israel,...

Airband Communications, which delivers fixed-wireless voice and data services to businesses in 17 U.S. markets, has raised $20 million in new financing from ABRY Partners. The money will be used...

Palo Alto Networks, which supplies next-generation firewalls, has appointed Mark D. McLaughlin as president and CEO. McLaughlin previously served as president and CEO of VeriSign. Palo Alto Networks also released...