Bessemer Venture Partners

Bessemer Venture Partners is a long-established venture capital firm based in Redwood City, California, founded in 1911. The firm makes early-stage and growth investments across software, cloud, fintech, cybersecurity, artificial intelligence, biotech, healthcare, consumer services, marketplaces and other technology sectors, with global reach in the United States, Israel, Canada and India. It supports founders from seed to scale, providing strategic guidance and capital to build durable businesses. The firm has backed notable companies such as Pinterest, LinkedIn, Shopify, Yelp, Twilio, DocuSign and Wix, among others, reflecting a history of funding transformative technology companies. Bessemer Venture Partners operates as a registered investment adviser and pursues opportunities across information technology, hardware and services worldwide.

Eric Arnold

Vice President

Kent Bennett

Partner

Thomas Berger

Partner

Charles Birnbaum

Partner

Sam Bondy

Investor

Past deals in Networking

DriveNets

Series C in 2022
DriveNets is a software company founded in 2015 that builds cloud‑native networking solutions for communications service providers. Its flagship product, Network Cloud, disaggregates core and edge infrastructure, replacing traditional hardware with a software‑centric routing stack that runs on standard networking white boxes. The platform delivers a shared data‑path control plane, central management, and northbound interfaces that integrate with third‑party tools. DriveNets supports large‑scale network modernization and AI workloads, enabling telecom operators and data centers to increase agility, cut operating costs, and optimize performance for demanding applications. The company is headquartered in Ra’anana, Israel, with an additional office in Red Bank, New Jersey.

WiredScore

Series B in 2022
WiredScore is a global leader in digital connectivity certification for commercial real estate. Established in partnership with Mayor Bloomberg in 2013, the company offers Wired Certification, an internationally recognized rating system that evaluates and promotes buildings' digital infrastructure. This helps landlords attract tech-savvy tenants seeking reliable connectivity. With over 400 million square feet of certified space across North America and Europe, including properties owned by prominent landlords like Blackstone, Brookfield, and Hines, WiredScore has become a trusted benchmark for office connectivity.

Kandou Bus

Series D in 2021
Kandou Bus specializes in designing high-speed, pin-efficient serial links for various applications. Its technology increases data transfer speed and reduces energy consumption, enabling improvements in devices like DRAM, graphics cards, servers, mobile devices, game consoles, routers, FPGAs, and defense electronics.

Claroty

Series E in 2021
Claroty is an industrial cybersecurity company offering an OT/IoT/IIoT security platform to protect and optimize industrial networks. The platform discovers granular elements, extracts critical data, and provides actionable insights for engineers, operators, and security professionals. It provides visibility, threat detection, risk and vulnerability management, and secure remote access by integrating with customers' existing infrastructure, reducing downtime and improving uptime and efficiency across production sites. The solution covers assets such as industrial control systems and SCADA, enabling anomaly detection and safe operation without requiring extensive dedicated teams. It connects to customers' environments to manage security across operational technology without disrupting production.

Netography

Series A in 2021
Netography, Inc. is a cybersecurity company founded in 2018 and based in Annapolis, Maryland. It specializes in providing cloud-based network security solutions tailored for organizations operating in hybrid and multi-cloud environments. The company's flagship offering, Netography Fusion, is a cloud-native Network Defense Platform that enhances security operations by enabling organizations to monitor and respond to network anomalies and threats from a unified console. By utilizing existing network device data and advanced algorithms, Netography's platform detects early indicators of attacks and facilitates automated responses, allowing clients to prevent network threats proactively. This approach eliminates the need for traditional sensors, agents, or taps, thereby streamlining security operations and improving the effectiveness of security, network, and cloud teams.

Electric

Series D in 2021
Electric AI, Inc. is an information technology company based in New York that offers a chat-based support platform operating in real-time via Slack. Founded in 2016, Electric provides a range of services designed to assist small and mid-sized businesses with IT management. These services include troubleshooting, system administration, maintenance, security, and on-site assistance. The company aims to streamline IT processes and enhance the overall security and performance of its clients' technology environments.

Claroty

Series D in 2021
Claroty is an industrial cybersecurity company offering an OT/IoT/IIoT security platform to protect and optimize industrial networks. The platform discovers granular elements, extracts critical data, and provides actionable insights for engineers, operators, and security professionals. It provides visibility, threat detection, risk and vulnerability management, and secure remote access by integrating with customers' existing infrastructure, reducing downtime and improving uptime and efficiency across production sites. The solution covers assets such as industrial control systems and SCADA, enabling anomaly detection and safe operation without requiring extensive dedicated teams. It connects to customers' environments to manage security across operational technology without disrupting production.

Electric

Series C in 2021
Electric AI, Inc. is an information technology company based in New York that offers a chat-based support platform operating in real-time via Slack. Founded in 2016, Electric provides a range of services designed to assist small and mid-sized businesses with IT management. These services include troubleshooting, system administration, maintenance, security, and on-site assistance. The company aims to streamline IT processes and enhance the overall security and performance of its clients' technology environments.

DriveNets

Series B in 2021
DriveNets is a software company founded in 2015 that builds cloud‑native networking solutions for communications service providers. Its flagship product, Network Cloud, disaggregates core and edge infrastructure, replacing traditional hardware with a software‑centric routing stack that runs on standard networking white boxes. The platform delivers a shared data‑path control plane, central management, and northbound interfaces that integrate with third‑party tools. DriveNets supports large‑scale network modernization and AI workloads, enabling telecom operators and data centers to increase agility, cut operating costs, and optimize performance for demanding applications. The company is headquartered in Ra’anana, Israel, with an additional office in Red Bank, New Jersey.

Nebulous

Seed Round in 2020
Nebulous, Inc. is a technology company focused on developing blockchain hardware and software infrastructure for the decentralized internet. Founded in 2014 and based in Boston, Massachusetts, the company is known for its flagship product, Sia, a decentralized cloud storage platform that utilizes blockchain technology to create a data storage marketplace. Additionally, Nebulous offers Skynet, a decentralized content delivery network (CDN) and file-sharing platform tailored for developers, along with SiaStream, which provides affordable storage solutions for media files, enabling fast streaming. As a core contributor to the open-source Skynet project, Nebulous plays a significant role in advancing the decentralized web ecosystem.

Kandou Bus

Series C in 2019
Kandou Bus specializes in designing high-speed, pin-efficient serial links for various applications. Its technology increases data transfer speed and reduces energy consumption, enabling improvements in devices like DRAM, graphics cards, servers, mobile devices, game consoles, routers, FPGAs, and defense electronics.

Nebulous

Seed Round in 2019
Nebulous, Inc. is a technology company focused on developing blockchain hardware and software infrastructure for the decentralized internet. Founded in 2014 and based in Boston, Massachusetts, the company is known for its flagship product, Sia, a decentralized cloud storage platform that utilizes blockchain technology to create a data storage marketplace. Additionally, Nebulous offers Skynet, a decentralized content delivery network (CDN) and file-sharing platform tailored for developers, along with SiaStream, which provides affordable storage solutions for media files, enabling fast streaming. As a core contributor to the open-source Skynet project, Nebulous plays a significant role in advancing the decentralized web ecosystem.

Affirmed Networks

Venture Round in 2019
Affirmed Networks, Inc. is a provider of mobile content cloud solutions, specializing in virtualization and integrated network services for telecommunications. Founded in 2010 and headquartered in Acton, Massachusetts, the company offers a range of products designed to enhance mobile network capabilities, including the Affirmed Service Automation Platform, which helps mobile operators expedite service launches while lowering operational costs. Its cloud-native solutions, such as the Affirmed UnityCloud 5G core, support the deployment of advanced networks and Internet of Things (IoT) services. Affirmed Networks also focuses on network slicing and virtualized Evolved Packet Core solutions, enabling communication service providers to efficiently scale their networks to meet growing demands while minimizing capital and operational expenditures.

DriveNets

Series A in 2019
DriveNets is a software company founded in 2015 that builds cloud‑native networking solutions for communications service providers. Its flagship product, Network Cloud, disaggregates core and edge infrastructure, replacing traditional hardware with a software‑centric routing stack that runs on standard networking white boxes. The platform delivers a shared data‑path control plane, central management, and northbound interfaces that integrate with third‑party tools. DriveNets supports large‑scale network modernization and AI workloads, enabling telecom operators and data centers to increase agility, cut operating costs, and optimize performance for demanding applications. The company is headquartered in Ra’anana, Israel, with an additional office in Red Bank, New Jersey.

Electric

Series B in 2019
Electric AI, Inc. is an information technology company based in New York that offers a chat-based support platform operating in real-time via Slack. Founded in 2016, Electric provides a range of services designed to assist small and mid-sized businesses with IT management. These services include troubleshooting, system administration, maintenance, security, and on-site assistance. The company aims to streamline IT processes and enhance the overall security and performance of its clients' technology environments.

WiredScore

Series A in 2018
WiredScore is a global leader in digital connectivity certification for commercial real estate. Established in partnership with Mayor Bloomberg in 2013, the company offers Wired Certification, an internationally recognized rating system that evaluates and promotes buildings' digital infrastructure. This helps landlords attract tech-savvy tenants seeking reliable connectivity. With over 400 million square feet of certified space across North America and Europe, including properties owned by prominent landlords like Blackstone, Brookfield, and Hines, WiredScore has become a trusted benchmark for office connectivity.

Kandou Bus

Series B in 2018
Kandou Bus specializes in designing high-speed, pin-efficient serial links for various applications. Its technology increases data transfer speed and reduces energy consumption, enabling improvements in devices like DRAM, graphics cards, servers, mobile devices, game consoles, routers, FPGAs, and defense electronics.

Claroty

Series B in 2018
Claroty is an industrial cybersecurity company offering an OT/IoT/IIoT security platform to protect and optimize industrial networks. The platform discovers granular elements, extracts critical data, and provides actionable insights for engineers, operators, and security professionals. It provides visibility, threat detection, risk and vulnerability management, and secure remote access by integrating with customers' existing infrastructure, reducing downtime and improving uptime and efficiency across production sites. The solution covers assets such as industrial control systems and SCADA, enabling anomaly detection and safe operation without requiring extensive dedicated teams. It connects to customers' environments to manage security across operational technology without disrupting production.

Electric

Series A in 2018
Electric AI, Inc. is an information technology company based in New York that offers a chat-based support platform operating in real-time via Slack. Founded in 2016, Electric provides a range of services designed to assist small and mid-sized businesses with IT management. These services include troubleshooting, system administration, maintenance, security, and on-site assistance. The company aims to streamline IT processes and enhance the overall security and performance of its clients' technology environments.

WiredScore

Venture Round in 2017
WiredScore is a global leader in digital connectivity certification for commercial real estate. Established in partnership with Mayor Bloomberg in 2013, the company offers Wired Certification, an internationally recognized rating system that evaluates and promotes buildings' digital infrastructure. This helps landlords attract tech-savvy tenants seeking reliable connectivity. With over 400 million square feet of certified space across North America and Europe, including properties owned by prominent landlords like Blackstone, Brookfield, and Hines, WiredScore has become a trusted benchmark for office connectivity.

Claroty

Series A in 2016
Claroty is an industrial cybersecurity company offering an OT/IoT/IIoT security platform to protect and optimize industrial networks. The platform discovers granular elements, extracts critical data, and provides actionable insights for engineers, operators, and security professionals. It provides visibility, threat detection, risk and vulnerability management, and secure remote access by integrating with customers' existing infrastructure, reducing downtime and improving uptime and efficiency across production sites. The solution covers assets such as industrial control systems and SCADA, enabling anomaly detection and safe operation without requiring extensive dedicated teams. It connects to customers' environments to manage security across operational technology without disrupting production.

Sedona Systems

Series B in 2016
Sedona Systems specializes in developing advanced network management platforms for service providers. Its flagship product, NetFusion, is a multi-layer application platform that optimizes both optical and IP layers (L0-L3) of networks. By integrating dynamic, automatic management of these resources, Sedona's solution enhances WAN capacity, improves agility and availability, and reduces core network costs by up to 80% over five years. NetFusion connects with major vendors' equipment through SDN controllers or management systems, providing full visibility and control of transport and routing layers.

Kandou Bus

Venture Round in 2016
Kandou Bus specializes in designing high-speed, pin-efficient serial links for various applications. Its technology increases data transfer speed and reduces energy consumption, enabling improvements in devices like DRAM, graphics cards, servers, mobile devices, game consoles, routers, FPGAs, and defense electronics.

Vasona Networks

Series C in 2016
Vasona Networks, Inc. is a company based in San Jose, California, that specializes in developing solutions for mobile network operators to enhance subscriber experiences. Founded in 2006, Vasona Networks offers a mobile-edge computing platform known as smartAir, which addresses mobile network data traffic challenges at the individual cell level. The company's smartVISION product provides insights into mobile network performance and user experiences, while its RateControl technology enables precise bandwidth allocation based on user needs and application demands. Additionally, Vasona Networks exposes open APIs that allow third-party application developers to access real-time data on radio access network conditions, empowering operators to optimize network investments and improve service delivery. As of September 2018, Vasona Networks operates as a subsidiary of Zephyr Telecommunications, Inc.

Qwilt

Series D in 2015
Qwilt Inc., established in 2010 and headquartered in Redwood City, California, specializes in online video delivery solutions for cable, telecom, and mobile service providers. The company offers two primary products: Open Edge Cloud, a content and application delivery platform that enables seamless streaming experiences via managed platforms and open APIs; and Open Caching, a platform that federates content delivery infrastructure into a global CDN with open APIs for content publishers. Qwilt's solutions allow carriers to create a universal video fabric, improving network efficiency and enhancing user experience without disrupting existing infrastructures. The company serves fixed operators, mobile operators, universities, and leading content publishers worldwide, including BT, Telecom Argentina, and Verizon.

GroupAhead

Seed Round in 2015
GroupAhead, Inc., founded in 2013 and based in San Francisco, California, specializes in developing an application that allows real-life groups to create their own mobile app for enhanced communication and connection among members. The platform facilitates posting, sharing photos, and joining conversations, while also providing features such as member directories, automatic push reminders, and notifications about new posts and upcoming events. GroupAhead serves a diverse range of organizations including clubs, professional associations, faith-based groups, sports teams, non-profits, schools, conferences, societies, and other member-based entities. The company's solution aims to increase member involvement and simplify organizational tasks by providing a dedicated mobile app that cuts through the clutter of traditional communication methods like email and social media.

Singularity Networks

Seed Round in 2015
Singularity Networks, Inc. offers a real-time network analytics platform designed to enhance IT security and operational efficiency for businesses. Founded in 2014 and based in Lone Tree, Colorado, the company provides flexible solutions tailored primarily for Managed Security Providers. Its innovative software platform focuses on network engineering and professional services, addressing key areas such as data-center and cloud environments, abuse detection, mitigation, network automation, and incident response. As a subsidiary of Cisco Systems, Singularity Networks aims to empower organizations by delivering context-driven data that helps identify security breaches and optimize network performance.

Ravello Systems

Series C in 2015
Ravello Systems Inc. is a provider of cloud-based virtualization software solutions, specializing in nested virtualization technology. Founded in 2011 and based in Palo Alto, California, Ravello allows enterprises to encapsulate multi-VM applications and run them seamlessly across various environments, including on-premises and public clouds, without requiring modifications. Its offerings include the ability to develop and test VMware and KVM applications with complex networking on platforms like AWS and Google Cloud, as well as virtual training solutions for deploying multi-VM application environments. Additionally, the company provides on-demand OpenStack labs for development and testing, as well as VMware ESXi lab environments for demos and proofs of concept. This flexibility empowers developers, DevOps teams, and IT professionals to leverage the extensive resources of the public cloud for their application development and testing needs. As of March 2016, Ravello Systems operates as a subsidiary of Oracle Corporation.

Sedona Systems

Series A in 2014
Sedona Systems specializes in developing advanced network management platforms for service providers. Its flagship product, NetFusion, is a multi-layer application platform that optimizes both optical and IP layers (L0-L3) of networks. By integrating dynamic, automatic management of these resources, Sedona's solution enhances WAN capacity, improves agility and availability, and reduces core network costs by up to 80% over five years. NetFusion connects with major vendors' equipment through SDN controllers or management systems, providing full visibility and control of transport and routing layers.

Benestra

Venture Round in 2014
Benestra is a national telecommunications operator that specializes in providing B2B services. The company offers a wide range of telecommunication infrastructure services, including voice, data, internet, and hosting solutions. Benestra is committed to delivering high-quality services backed by contractual guarantees, ensuring reliability and performance for its clients.

Infinio

Series B in 2013
Infinio Systems Inc. specializes in developing software solutions aimed at enhancing storage performance in virtual environments. Founded in 2011 and headquartered in Cambridge, Massachusetts, with an additional office in New York, the company addresses a critical challenge faced by data center administrators: the need for improved storage performance rather than merely increasing hardware capacity. Infinio's software-only solution focuses on optimizing network-attached storage (NAS) performance, allowing businesses to improve their operational efficiency and customer experience without the high costs associated with additional storage hardware. The company is backed by prominent venture capital firms, which underscores its potential in the market.

ColorChip

Venture Round in 2013
ColorChip designs and manufactures optical sub-systems and components for datacom and telecom markets. Its products include transceivers, PLC splitter chips, planar lightwave circuits, and industrialized optics, based on Application Specific Photonic Integrated Circuits.

Qwilt

Series C in 2013
Qwilt Inc., established in 2010 and headquartered in Redwood City, California, specializes in online video delivery solutions for cable, telecom, and mobile service providers. The company offers two primary products: Open Edge Cloud, a content and application delivery platform that enables seamless streaming experiences via managed platforms and open APIs; and Open Caching, a platform that federates content delivery infrastructure into a global CDN with open APIs for content publishers. Qwilt's solutions allow carriers to create a universal video fabric, improving network efficiency and enhancing user experience without disrupting existing infrastructures. The company serves fixed operators, mobile operators, universities, and leading content publishers worldwide, including BT, Telecom Argentina, and Verizon.

Affirmed Networks

Series C in 2013
Affirmed Networks, Inc. is a provider of mobile content cloud solutions, specializing in virtualization and integrated network services for telecommunications. Founded in 2010 and headquartered in Acton, Massachusetts, the company offers a range of products designed to enhance mobile network capabilities, including the Affirmed Service Automation Platform, which helps mobile operators expedite service launches while lowering operational costs. Its cloud-native solutions, such as the Affirmed UnityCloud 5G core, support the deployment of advanced networks and Internet of Things (IoT) services. Affirmed Networks also focuses on network slicing and virtualized Evolved Packet Core solutions, enabling communication service providers to efficiently scale their networks to meet growing demands while minimizing capital and operational expenditures.

Vasona Networks

Series B in 2013
Vasona Networks, Inc. is a company based in San Jose, California, that specializes in developing solutions for mobile network operators to enhance subscriber experiences. Founded in 2006, Vasona Networks offers a mobile-edge computing platform known as smartAir, which addresses mobile network data traffic challenges at the individual cell level. The company's smartVISION product provides insights into mobile network performance and user experiences, while its RateControl technology enables precise bandwidth allocation based on user needs and application demands. Additionally, Vasona Networks exposes open APIs that allow third-party application developers to access real-time data on radio access network conditions, empowering operators to optimize network investments and improve service delivery. As of September 2018, Vasona Networks operates as a subsidiary of Zephyr Telecommunications, Inc.

Discoverly

Seed Round in 2013
Discoverly, Inc. is a software company based in San Francisco, California, founded in 2012. It specializes in a tool that integrates with Gmail, allowing users to view the social accounts and updates of their email recipients in an accessible sidebar. The application facilitates the exploration of social data by providing insights from various social profiles, including details about mutual connections and recent activities. Designed for both personal and professional networking, Discoverly’s platform supports users in identifying opportunities within their networks. Additionally, the company offers premium services tailored for employers, recruiters, and businesses, enhancing their ability to leverage social connections effectively.

Infinio

Series A in 2013
Infinio Systems Inc. specializes in developing software solutions aimed at enhancing storage performance in virtual environments. Founded in 2011 and headquartered in Cambridge, Massachusetts, with an additional office in New York, the company addresses a critical challenge faced by data center administrators: the need for improved storage performance rather than merely increasing hardware capacity. Infinio's software-only solution focuses on optimizing network-attached storage (NAS) performance, allowing businesses to improve their operational efficiency and customer experience without the high costs associated with additional storage hardware. The company is backed by prominent venture capital firms, which underscores its potential in the market.

ColorChip

Venture Round in 2013
ColorChip designs and manufactures optical sub-systems and components for datacom and telecom markets. Its products include transceivers, PLC splitter chips, planar lightwave circuits, and industrialized optics, based on Application Specific Photonic Integrated Circuits.

Ravello Systems

Series B in 2012
Ravello Systems Inc. is a provider of cloud-based virtualization software solutions, specializing in nested virtualization technology. Founded in 2011 and based in Palo Alto, California, Ravello allows enterprises to encapsulate multi-VM applications and run them seamlessly across various environments, including on-premises and public clouds, without requiring modifications. Its offerings include the ability to develop and test VMware and KVM applications with complex networking on platforms like AWS and Google Cloud, as well as virtual training solutions for deploying multi-VM application environments. Additionally, the company provides on-demand OpenStack labs for development and testing, as well as VMware ESXi lab environments for demos and proofs of concept. This flexibility empowers developers, DevOps teams, and IT professionals to leverage the extensive resources of the public cloud for their application development and testing needs. As of March 2016, Ravello Systems operates as a subsidiary of Oracle Corporation.

WireOver

Seed Round in 2012
WireOver is a desktop application that leverages peer-to-peer technology for sending files privately. It's free and unlimited, solving an unmet need for sending large files easily. Pro accounts get incredibly strong security, with end-to-end encryption.

Ravello Systems

Series A in 2011
Ravello Systems Inc. is a provider of cloud-based virtualization software solutions, specializing in nested virtualization technology. Founded in 2011 and based in Palo Alto, California, Ravello allows enterprises to encapsulate multi-VM applications and run them seamlessly across various environments, including on-premises and public clouds, without requiring modifications. Its offerings include the ability to develop and test VMware and KVM applications with complex networking on platforms like AWS and Google Cloud, as well as virtual training solutions for deploying multi-VM application environments. Additionally, the company provides on-demand OpenStack labs for development and testing, as well as VMware ESXi lab environments for demos and proofs of concept. This flexibility empowers developers, DevOps teams, and IT professionals to leverage the extensive resources of the public cloud for their application development and testing needs. As of March 2016, Ravello Systems operates as a subsidiary of Oracle Corporation.

Vasona Networks

Series A in 2011
Vasona Networks, Inc. is a company based in San Jose, California, that specializes in developing solutions for mobile network operators to enhance subscriber experiences. Founded in 2006, Vasona Networks offers a mobile-edge computing platform known as smartAir, which addresses mobile network data traffic challenges at the individual cell level. The company's smartVISION product provides insights into mobile network performance and user experiences, while its RateControl technology enables precise bandwidth allocation based on user needs and application demands. Additionally, Vasona Networks exposes open APIs that allow third-party application developers to access real-time data on radio access network conditions, empowering operators to optimize network investments and improve service delivery. As of September 2018, Vasona Networks operates as a subsidiary of Zephyr Telecommunications, Inc.

Intucell

Series A in 2011
Intucell is a technology company based in HaMerkaz, Israel, founded in 2008. It specializes in self-optimizing network solutions that enhance the efficiency of radio access networks for mobile operators. The company develops advanced software that provides real-time visibility of radio frequency (RF) operations across entire networks. By utilizing operational support system (OSS) data, Intucell’s technology allows mobile carriers to manage and synchronize network elements centrally. This capability enables automatic planning, configuration, management, optimization, and healing of cellular networks in response to real-time changes in network demand, thereby improving overall performance and service reliability.

Tilera

Series D in 2011
Tilera Corporation is a fabless semiconductor company based in San Jose, California, with additional locations in Westborough, Massachusetts, and Beijing, China. Founded in 2004, Tilera specializes in designing multicore embedded processors tailored for networking, digital multimedia, and wireless infrastructure markets. The company's product portfolio includes the TILEPro multicore processor, which is designed to deliver high-performance computing for various embedded applications such as networking, wireless infrastructure, and digital multimedia processing. Additionally, Tilera offers a multicore development environment for programming solutions and TILExpress PCIe production cards.

ACTIV Financial Systems

Venture Round in 2010
ACTIV Financial Systems, Inc. is a provider of real-time multi-asset financial market data and solutions, focusing on electronic trading strategies. Founded in 2002 and headquartered in Wheaton, Illinois, the company offers a range of products including ActivWorkstation, which provides access to comprehensive market data, and low-latency feed solutions through ActivFeed. Their technology suite includes ActivMiddleware for building large-scale real-time distributed systems and ActivMessaging for efficient message delivery. Additionally, ACTIV Financial provides managed solutions such as hosted delivery and co-location management, serving exchanges, enterprises, and automated trading platforms. The company's offerings encompass algorithmic and electronic trading tools, market making solutions, and support services, catering to a diverse clientele that includes brokerage firms, proprietary traders, and hedge fund managers. With data centers located globally, including in major financial hubs like New York, London, and Tokyo, ACTIV Financial Systems is positioned to meet the demands of the fast-paced financial markets.

BA Systems

Venture Round in 2009
BA Systems is a developer of integrated service routing platforms that provides enterprises with efficient connectivity solutions for complex networks. Recognizing the challenges faced by fast-growing companies in keeping up with rapid software advancements, BA Systems offers an alternative to conventional hardware purchases. By leveraging innovative packet processing software and embedded management tools, BA Systems has designed cost-effective products that enable IT managers to optimize network resources in alignment with specific applications. This strategic approach significantly reduces both capital expenditures and operating costs for multi-site deployments, making it an attractive option for organizations looking to enhance their network efficiency without the burden of continually upgrading hardware.

LinkedIn

Series D in 2008
LinkedIn is a professional networking platform that connects professionals and supports career development and productivity. It offers a diversified revenue model that includes talent solutions, marketing, sales, and premium subscriptions, serving businesses and individuals in achieving their professional goals. The platform enables users and employers to create profiles, facilitates networking opportunities, and provides tools for recruitment, marketing, and data-driven insights. It operates globally as a platform where professionals can connect, learn, and pursue career opportunities.

Storwize

Series C in 2008
Storwize, Inc. specializes in real-time data compression solutions that enhance storage capacity in network environments. Its appliances are installed between storage arrays and networks, offering organizations a significant increase in storage space, typically ranging from 2 to 5 times the original capacity. The STN-6000p capacity optimization platform further boosts the effective capacity of existing NAS infrastructure by up to 15 times, employing real-time lossless data compression. This appliance, based on a robust multi-core hardware platform, delivers substantial data compression rates—averaging over 65% across a variety of applications and exceeding 90% for critical business applications—without compromising performance. Storwize's solutions require no alterations to workflow and can be seamlessly integrated into existing systems, making them suitable for even the most data-intensive enterprise environments. The company has earned multiple industry accolades and has successfully partnered with prominent storage vendors, expanding its customer base across various sectors globally.

Zensys

Venture Round in 2008
Zensys is a company specializing in wireless networking technology for control and status reading applications. It is best known for developing Z-Wave, an affordable two-way wireless mesh network communications technology that allows users to easily and securely monitor and manage various home control systems, including lighting and security, from anywhere in the world. In addition to its core technology, Zensys offers a comprehensive range of products and services, such as application-specific integrated circuits (ASICs), development kits, and engineering services tailored for Original Equipment Manufacturers.

Axis Network Technology

Venture Round in 2008
Axis is a vendor of platform based, software reconfigurable digital radios, subsystems and IP to OEMs for deployment in WiMAX and LTE networks worldwide. Its 2x2, 4x4 and 8x8 Remote Radio Heads, and the innovative multimode software that drives them, enable WiMAX services to be delivered in the USA, Asia and Europe, with s efficiency performance that helps network operators to minimize CAPEX and OPEX. Important assets for Axis include digital and RF design, and an ecosystem, which includes an established logistics chain and key partnerships with semiconductor vendors.

BroadSoft

Series D in 2007
BroadSoft develops software and services that enable telecommunications service providers to deliver cloud‑based unified communications to enterprise customers worldwide. Its portfolio includes UC‑One, a cloud communication platform that integrates voice, messaging, video conferencing, screen sharing, file sharing and virtual meeting rooms; Team‑One, a collaboration tool for chat, notes, file sharing and project organization; BroadSoft Hub, a cloud service that fuses real‑time communications with cloud applications and contextual intelligence; and CC‑One, a contact‑center solution that supports omni‑channel interactions and collaboration between agents and back‑office staff. The company also supplies the BroadWorks application server and the BroadCloud SaaS platform, and offers professional support, consulting, training and lifecycle services. Founded in 1998 and headquartered in Gaithersburg, Maryland, BroadSoft serves more than 500 telecommunications carriers, including 18 of the world’s largest, across more than 70 countries and in 25 languages. Since 2018 it operates as a subsidiary of Cisco Systems.

BA Systems

Series B in 2007
BA Systems is a developer of integrated service routing platforms that provides enterprises with efficient connectivity solutions for complex networks. Recognizing the challenges faced by fast-growing companies in keeping up with rapid software advancements, BA Systems offers an alternative to conventional hardware purchases. By leveraging innovative packet processing software and embedded management tools, BA Systems has designed cost-effective products that enable IT managers to optimize network resources in alignment with specific applications. This strategic approach significantly reduces both capital expenditures and operating costs for multi-site deployments, making it an attractive option for organizations looking to enhance their network efficiency without the burden of continually upgrading hardware.

ColorChip

Series C in 2007
ColorChip designs and manufactures optical sub-systems and components for datacom and telecom markets. Its products include transceivers, PLC splitter chips, planar lightwave circuits, and industrialized optics, based on Application Specific Photonic Integrated Circuits.

Tilera

Series B in 2007
Tilera Corporation is a fabless semiconductor company based in San Jose, California, with additional locations in Westborough, Massachusetts, and Beijing, China. Founded in 2004, Tilera specializes in designing multicore embedded processors tailored for networking, digital multimedia, and wireless infrastructure markets. The company's product portfolio includes the TILEPro multicore processor, which is designed to deliver high-performance computing for various embedded applications such as networking, wireless infrastructure, and digital multimedia processing. Additionally, Tilera offers a multicore development environment for programming solutions and TILExpress PCIe production cards.

BA Systems

Series B in 2007
BA Systems is a developer of integrated service routing platforms that provides enterprises with efficient connectivity solutions for complex networks. Recognizing the challenges faced by fast-growing companies in keeping up with rapid software advancements, BA Systems offers an alternative to conventional hardware purchases. By leveraging innovative packet processing software and embedded management tools, BA Systems has designed cost-effective products that enable IT managers to optimize network resources in alignment with specific applications. This strategic approach significantly reduces both capital expenditures and operating costs for multi-site deployments, making it an attractive option for organizations looking to enhance their network efficiency without the burden of continually upgrading hardware.

LinkedIn

Series C in 2007
LinkedIn is a professional networking platform that connects professionals and supports career development and productivity. It offers a diversified revenue model that includes talent solutions, marketing, sales, and premium subscriptions, serving businesses and individuals in achieving their professional goals. The platform enables users and employers to create profiles, facilitates networking opportunities, and provides tools for recruitment, marketing, and data-driven insights. It operates globally as a platform where professionals can connect, learn, and pursue career opportunities.

Netli

Venture Round in 2006
Netli provides a number of corporate network and Internet services, including hosting, storage, and security services. Customers include Hewlett-Packard , Motorola, and Millipore. Netli has received equity financing from Reed Elsevier Ventures, Morgenthaler Ventures, Bessemer Venture Partners, and Alta Partners, among others. The company has offices in the US and Hong Kong. Netli was acquired by content and application acceleration specialist Akamai Technologies in 2007.

Pure Networks

Series B in 2006
Pure Networks, Inc. is a Seattle-based company that specializes in developing networking software and services tailored for home networks, small businesses, original equipment manufacturers, and broadband and Internet service providers across the United States. Established in 2002, the company offers a range of products, including Network Magic Pro, which assists clients in setting up and managing their networks, and Network Magic Essentials, which connects various devices. Additionally, it provides tools such as Speed Meter Pro for diagnosing network issues and Networks Security Scan for identifying security vulnerabilities. For corporate clients, Pure Networks delivers platforms for custom software development, device installation automation, and support solutions aimed at reducing operational costs. The company's offerings also include technologies that enhance network setup and maintenance for original equipment manufacturers and broadband providers.

ColorChip

Series B in 2006
ColorChip designs and manufactures optical sub-systems and components for datacom and telecom markets. Its products include transceivers, PLC splitter chips, planar lightwave circuits, and industrialized optics, based on Application Specific Photonic Integrated Circuits.

Tilera

Series A in 2005
Tilera Corporation is a fabless semiconductor company based in San Jose, California, with additional locations in Westborough, Massachusetts, and Beijing, China. Founded in 2004, Tilera specializes in designing multicore embedded processors tailored for networking, digital multimedia, and wireless infrastructure markets. The company's product portfolio includes the TILEPro multicore processor, which is designed to deliver high-performance computing for various embedded applications such as networking, wireless infrastructure, and digital multimedia processing. Additionally, Tilera offers a multicore development environment for programming solutions and TILExpress PCIe production cards.

Nominum

Series D in 2005
Nominum, Inc. is a leading provider of domain name system (DNS) software solutions for service providers globally. Founded in 1999 and headquartered in Redwood City, California, the company offers a comprehensive suite of DNS-based applications designed to enhance network operations, security, and marketing capabilities. Its key products include Vantio AuthServe, which ensures website availability, and Vantio CacheServe, which optimizes server performance. Nominum also provides security solutions like Vantio ThreatAvert and N2 Secure Business, aimed at protecting networks from cyber threats. Additionally, the company offers marketing tools such as N2 Reach and N2 Insight to help service providers engage and understand their subscribers through data-driven insights. Trusted by over 100 providers in more than 40 countries, Nominum is recognized for its innovation in digitally transforming service providers and personalizing the online experience for their customers. As of late 2017, Nominum operates as a subsidiary of Akamai Technologies, Inc.

BA Systems

Series A in 2005
BA Systems is a developer of integrated service routing platforms that provides enterprises with efficient connectivity solutions for complex networks. Recognizing the challenges faced by fast-growing companies in keeping up with rapid software advancements, BA Systems offers an alternative to conventional hardware purchases. By leveraging innovative packet processing software and embedded management tools, BA Systems has designed cost-effective products that enable IT managers to optimize network resources in alignment with specific applications. This strategic approach significantly reduces both capital expenditures and operating costs for multi-site deployments, making it an attractive option for organizations looking to enhance their network efficiency without the burden of continually upgrading hardware.

Netli

Venture Round in 2004
Netli provides a number of corporate network and Internet services, including hosting, storage, and security services. Customers include Hewlett-Packard , Motorola, and Millipore. Netli has received equity financing from Reed Elsevier Ventures, Morgenthaler Ventures, Bessemer Venture Partners, and Alta Partners, among others. The company has offices in the US and Hong Kong. Netli was acquired by content and application acceleration specialist Akamai Technologies in 2007.

NanoOpto

Venture Round in 2004
NanoOpto is a manufacturer specializing in integrated modular nano-optic components for optical systems and networks. The company utilizes proprietary nano-optics and nano-manufacturing technology to develop a range of products, including infrared cut filters, nano-optic isolators, deep ultraviolet polarizers, polarizing beam splitters, optical isolators, microlens arrays, and waveplates. Based on extensive research, NanoOpto's innovations enable rapid prototyping and enhance performance while reducing overall system costs. In addition to its product offerings, the company provides services such as conformal optical coatings through atomic layer deposition, precision coatings via e-beam deposition, precision dicing, and optical design and engineering. NanoOpto operates a high-volume manufacturing facility in Somerset, New Jersey, where it employs subwavelength techniques to improve conventional optical components and develop new classes of integrated components.

ReefEdge

Series B in 2004
ReefEdge Inc., established in Spring 2000, specializes in wireless local area network (WLAN) systems tailored for multi-site enterprises. The company develops technologies to facilitate secure, reliable, and managed connectivity for mobile devices equipped with short-range wireless capabilities like Bluetooth. ReefEdge's products enable the deployment of innovative, location-aware mobile applications within corporate networking environments. Led by a seasoned executive team with extensive experience delivering enterprise solutions, previously from companies such as IBM, AT&T, Telcordia, and Prodigy, ReefEdge focuses on providing secure wireless network infrastructure products that ensure mobility and session persistence while offering robust management capabilities for WLANs.

BroadSoft

Series C in 2004
BroadSoft develops software and services that enable telecommunications service providers to deliver cloud‑based unified communications to enterprise customers worldwide. Its portfolio includes UC‑One, a cloud communication platform that integrates voice, messaging, video conferencing, screen sharing, file sharing and virtual meeting rooms; Team‑One, a collaboration tool for chat, notes, file sharing and project organization; BroadSoft Hub, a cloud service that fuses real‑time communications with cloud applications and contextual intelligence; and CC‑One, a contact‑center solution that supports omni‑channel interactions and collaboration between agents and back‑office staff. The company also supplies the BroadWorks application server and the BroadCloud SaaS platform, and offers professional support, consulting, training and lifecycle services. Founded in 1998 and headquartered in Gaithersburg, Maryland, BroadSoft serves more than 500 telecommunications carriers, including 18 of the world’s largest, across more than 70 countries and in 25 languages. Since 2018 it operates as a subsidiary of Cisco Systems.

Azanda Network Devices

Series C in 2003
Azanda Network Devices is a communications semiconductor company based in Sunnyvale, California. The company specializes in the development of semiconductors designed for next-generation optical and metro-area networks. Additionally, Azanda creates multi-service traffic management solutions that enhance the performance of routers and switches, addressing the evolving demands of modern communication infrastructure. Through its innovative products, Azanda Network Devices aims to contribute to advancements in network efficiency and reliability.

ReefEdge

Venture Round in 2003
ReefEdge Inc., established in Spring 2000, specializes in wireless local area network (WLAN) systems tailored for multi-site enterprises. The company develops technologies to facilitate secure, reliable, and managed connectivity for mobile devices equipped with short-range wireless capabilities like Bluetooth. ReefEdge's products enable the deployment of innovative, location-aware mobile applications within corporate networking environments. Led by a seasoned executive team with extensive experience delivering enterprise solutions, previously from companies such as IBM, AT&T, Telcordia, and Prodigy, ReefEdge focuses on providing secure wireless network infrastructure products that ensure mobility and session persistence while offering robust management capabilities for WLANs.

NanoOpto

Series B in 2003
NanoOpto is a manufacturer specializing in integrated modular nano-optic components for optical systems and networks. The company utilizes proprietary nano-optics and nano-manufacturing technology to develop a range of products, including infrared cut filters, nano-optic isolators, deep ultraviolet polarizers, polarizing beam splitters, optical isolators, microlens arrays, and waveplates. Based on extensive research, NanoOpto's innovations enable rapid prototyping and enhance performance while reducing overall system costs. In addition to its product offerings, the company provides services such as conformal optical coatings through atomic layer deposition, precision coatings via e-beam deposition, precision dicing, and optical design and engineering. NanoOpto operates a high-volume manufacturing facility in Somerset, New Jersey, where it employs subwavelength techniques to improve conventional optical components and develop new classes of integrated components.

Engim

Series B in 2003
Analysts forecast that the Wireless LAN market will grow from 8 million users in 2002 to 80 million users by 2007. This explosive rate of WLAN adoption is driving the need for high capacity WLAN infrastructure within the enterprise. Additionally, as enterprise deployments continue to grow, IT Managers need WLAN infrastructure products that offer enhanced functional capabilities to reduce deployment complexity, increase network robustness and reduce operational costs. Today’s WLAN silicon is optimized for client applications and not for high capacity WLAN infrastructure applications. By allowing simultaneous communications on all WLAN channels, Engim’s Multi-Channel WLAN Switching Engine chipset enables a new generation of very high performance, cost-effective access points. These chipsets apply Wideband Spectral Processing to standards-based WLAN infrastructure products for the first time, thereby dramatically increasing bandwidth and data throughput and making a whole new range of features and functionality available to users at low cost.

Ellacoya Networks

Venture Round in 2003
Ellacoya Networks is a provider of carrier-grade Broadband Service Optimization solutions, specializing in deep packet inspection technology. The company offers tools that enhance application and subscriber awareness for broadband service providers, allowing them to optimize Internet services effectively. Its hardware platforms, such as the e30 and e100, along with a comprehensive suite of software applications, enable service providers to identify subscribers, manage applications on an individual basis, and improve overall performance and customer satisfaction. Ellacoya Networks aims to empower broadband providers to deliver compelling applications and competitive services, ultimately enhancing revenue opportunities. Headquartered in Merrimack, New Hampshire, the company also has offices in London, Tokyo, and Singapore.

Nistevo

Venture Round in 2003
Nistevo is a provider of collaborative logistics solutions, specializing in transportation management through its hosted software service. The company operates a web-based network that facilitates collaborative management of logistics services for a diverse range of participants, including retailers, manufacturers, third-party logistics providers, and carriers. With over 1,600 members, Nistevo's platform supports the planning, execution, settlement, and analysis of more than 2.8 million inbound and outbound shipments annually. By enabling users to work together within private and semi-private networks, Nistevo enhances efficiency and visibility in supply chain operations, allowing stakeholders to optimize their logistics processes effectively.

Nominum

Series C in 2003
Nominum, Inc. is a leading provider of domain name system (DNS) software solutions for service providers globally. Founded in 1999 and headquartered in Redwood City, California, the company offers a comprehensive suite of DNS-based applications designed to enhance network operations, security, and marketing capabilities. Its key products include Vantio AuthServe, which ensures website availability, and Vantio CacheServe, which optimizes server performance. Nominum also provides security solutions like Vantio ThreatAvert and N2 Secure Business, aimed at protecting networks from cyber threats. Additionally, the company offers marketing tools such as N2 Reach and N2 Insight to help service providers engage and understand their subscribers through data-driven insights. Trusted by over 100 providers in more than 40 countries, Nominum is recognized for its innovation in digitally transforming service providers and personalizing the online experience for their customers. As of late 2017, Nominum operates as a subsidiary of Akamai Technologies, Inc.

WaterCove Networks

Series C in 2003
WaterCove Networks is a provider of innovative data networking infrastructure tailored for wireless service providers aiming to efficiently deploy next-generation mobile data services. Established in 2000 and privately held, the company offers a Mobile Data Service System designed to facilitate the rapid rollout of high-speed data services in various wireless environments, including 2.5G and 3G networks. This system addresses common challenges faced by operators, such as performance and provisioning obstacles, by utilizing the proprietary FlowCore architecture, which enables a smooth transition to advanced technologies without the need for costly upgrades. WaterCove Networks focuses on empowering carriers to customize their service delivery and charging structures, resulting in personalized mobile data experiences for both enterprise and consumer customers. The company is led by a seasoned management team with extensive experience in telecommunications and is supported by significant investment, positioning it as a key player in the evolving landscape of mobile connectivity.

Hatteras Networks

Series C in 2002
Hatteras Networks, Inc. is a technology company that specializes in developing equipment for carriers and service providers to facilitate high-bandwidth business services. Founded in 2000 and headquartered in Durham, North Carolina, the company focuses on delivering broadband Ethernet solutions over existing copper infrastructure. This enables service providers to offer metro Ethernet services and supports high-bandwidth mobile wireless and DSLAM backhaul transport. Hatteras Networks aims to enhance connectivity options for business locations, thereby improving access to advanced network services.

Wavesmith Networks

Series C in 2002
Wavesmith Networks is a company that specializes in developing hardware solutions designed to enhance the network capacity of telecommunications carriers. It focuses on providing multiservice edge switches that facilitate the expansion of existing Layer 2 infrastructures for regional Bell operating companies, incumbent local exchange carriers, and interexchange carriers. By enabling these telecommunications providers to integrate their services onto ATM or MPLS-oriented core networks, Wavesmith Networks supports the evolution of their network capabilities without requiring significant disruptions or overhauls.

BroadSoft

Series C in 2002
BroadSoft develops software and services that enable telecommunications service providers to deliver cloud‑based unified communications to enterprise customers worldwide. Its portfolio includes UC‑One, a cloud communication platform that integrates voice, messaging, video conferencing, screen sharing, file sharing and virtual meeting rooms; Team‑One, a collaboration tool for chat, notes, file sharing and project organization; BroadSoft Hub, a cloud service that fuses real‑time communications with cloud applications and contextual intelligence; and CC‑One, a contact‑center solution that supports omni‑channel interactions and collaboration between agents and back‑office staff. The company also supplies the BroadWorks application server and the BroadCloud SaaS platform, and offers professional support, consulting, training and lifecycle services. Founded in 1998 and headquartered in Gaithersburg, Maryland, BroadSoft serves more than 500 telecommunications carriers, including 18 of the world’s largest, across more than 70 countries and in 25 languages. Since 2018 it operates as a subsidiary of Cisco Systems.

Nominum

Series B in 2002
Nominum, Inc. is a leading provider of domain name system (DNS) software solutions for service providers globally. Founded in 1999 and headquartered in Redwood City, California, the company offers a comprehensive suite of DNS-based applications designed to enhance network operations, security, and marketing capabilities. Its key products include Vantio AuthServe, which ensures website availability, and Vantio CacheServe, which optimizes server performance. Nominum also provides security solutions like Vantio ThreatAvert and N2 Secure Business, aimed at protecting networks from cyber threats. Additionally, the company offers marketing tools such as N2 Reach and N2 Insight to help service providers engage and understand their subscribers through data-driven insights. Trusted by over 100 providers in more than 40 countries, Nominum is recognized for its innovation in digitally transforming service providers and personalizing the online experience for their customers. As of late 2017, Nominum operates as a subsidiary of Akamai Technologies, Inc.

Azanda Network Devices

Series B in 2002
Azanda Network Devices is a communications semiconductor company based in Sunnyvale, California. The company specializes in the development of semiconductors designed for next-generation optical and metro-area networks. Additionally, Azanda creates multi-service traffic management solutions that enhance the performance of routers and switches, addressing the evolving demands of modern communication infrastructure. Through its innovative products, Azanda Network Devices aims to contribute to advancements in network efficiency and reliability.

Pelago Networks

Series B in 2002
Pelago Networks is a provider of enhanced voice, data, and video services to their business customers via wireless or wireline broadband access networks.

Resonext Communications

Series C in 2002
Resonext is a provider of integrated silicon complementary metal-oxide-semiconductor (CMOS) wireless local area network (WLAN) solutions for 802.11a and multiband (802.11a/b/g) platforms primarily in the United States.

Azanda Network Devices

Series B in 2002
Azanda Network Devices is a communications semiconductor company based in Sunnyvale, California. The company specializes in the development of semiconductors designed for next-generation optical and metro-area networks. Additionally, Azanda creates multi-service traffic management solutions that enhance the performance of routers and switches, addressing the evolving demands of modern communication infrastructure. Through its innovative products, Azanda Network Devices aims to contribute to advancements in network efficiency and reliability.

Allegro Networks

Series B in 2002
Allegro Networks, a privately held provider of network routing equipment

Catena Networks

Series D in 2002
Catena Networks develops broadband access systems that enable service providers to deploy voice, data, and video services. The company's products include The CNX-5 Broadband DSL System, a card-for-card upgrade solution for Lucent SLC-5 Digital Loop Carriers and The CN1000 Broadband Loop Carrier that enables service providers to deploy integrated plain old telephone service (POTS) and digital subscriber line (DSL) services and deliver voice, data and video services over copper and fiber infrastructures. It caters to local exchange carriers, postal telephone and telegraph operators, and other service providers. The company was founded in 1998 and is based in California, US with an additional office in Morrisville, North Carolina.

Octave Communications

Series D in 2001
Octave Communications, Inc. specializes in the development of advanced audio and multimedia conferencing systems tailored for service bureaus, carriers, and enterprises. The company has set a new standard in the telecommunications sector by offering reliable, scalable, and cost-effective communication solutions to both domestic and international clients. Octave's platform supports a wide range of applications, including voice and data conferencing over circuit-switched and IP networks. Additionally, the company provides services such as voice conferencing, wireless communication, presence management, speech recognition, and voice over IP (VoIP), positioning itself as a comprehensive provider in the conferencing domain.

Ellacoya Networks

Series C in 2001
Ellacoya Networks is a provider of carrier-grade Broadband Service Optimization solutions, specializing in deep packet inspection technology. The company offers tools that enhance application and subscriber awareness for broadband service providers, allowing them to optimize Internet services effectively. Its hardware platforms, such as the e30 and e100, along with a comprehensive suite of software applications, enable service providers to identify subscribers, manage applications on an individual basis, and improve overall performance and customer satisfaction. Ellacoya Networks aims to empower broadband providers to deliver compelling applications and competitive services, ultimately enhancing revenue opportunities. Headquartered in Merrimack, New Hampshire, the company also has offices in London, Tokyo, and Singapore.

Flarion Technologies

Series B in 2001
Flarion Technologies, headquartered in Bedminster, New Jersey, specializes in mobile broadband solutions through its development of FLASH-OFDM technology. Since its inception in 2000, the company has focused on creating and deploying an end-to-end network for mobile operators. Its product offerings include the RadioRouter base station, FLASH-OFDM modems, embedded chipsets, and system software. Additionally, Flarion licenses its FLASH-OFDM technology to support the design of networks and devices, enabling high-speed data services for mobile wireless carriers and their subscribers. This technology supports a range of computing devices, including notebook PCs, handheld PCs, personal digital assistants, web tablets, and handsets.

Coriolis Networks

Series C in 2001
Coriolis Networks, headquartered in Boxborough, Mass., began in mid 1999 with a mission to develop a comprehensive approach to the needs of carriers for reliable and scalable optical network solutions. From the beginning, Coriolis Networks realized that success in this market would be based on providing customers with a solution that was compatible with existing SONET network architectures but dramatically improved on the data service delivery capability with new lower price points. Coriolis' target market is the network service provider community on a global basis. Our target customers include competitive and incumbent local exchange carriers, Internet service providers, and wholesale carriers that are building out their fiber-optic facilities to meet their end-user demands for more high-speed data services as well as traditional metro services.

Megisto Systems

Series B in 2001
Megisto Systems specializes in developing hardware solutions for telecom companies. Their primary product is a software-based subscriber services switch called MSDS, which enables real-time charging and control of mobile data services. This allows telecom providers to offer personalized services to their subscribers while ensuring profitability. Megisto sells these solutions directly to telecom companies.

Allegro Networks

Series B in 2001
Allegro Networks, a privately held provider of network routing equipment

Pirus Networks

Series B in 2001
Pirus Networks specializes in the development of intelligent storage networking solutions that support multi-protocol and multi-vendor environments for distributed open systems. Founded in December 1999 and headquartered in Madrid, Spain, the company focuses on providing innovative storage equipment and internet infrastructure switching solutions. Pirus Networks aims to reduce storage ownership costs and streamline data management for its clients. The company actively participates in industry standard organizations, including the Storage Networking Industry Association, the Internet Engineering Task Force IP Storage Working Groups, and the Fiber Channel Industry Association, demonstrating its commitment to advancing technology standards in the storage networking sector.

InfiniSwitch Corporation

Series B in 2001
InfiniSwitch Corporation is a leading company specializing in the development of InfiniBand switching solutions tailored for data centers. The organization is based in Westborough, Massachusetts, and has established itself as a market leader in this niche. InfiniSwitch's team comprises technology experts with extensive experience in designing, developing, and delivering switch and system solutions for prominent companies, including Compaq, Data General, Digital Equipment, IBM, Lucent, and Nexabit. Additionally, InfiniSwitch is actively involved in the InfiniBand Trade Association (IBTA) by serving on its Steering Committee, further highlighting its commitment to advancing industry standards and innovations.

ReefEdge

Series B in 2001
ReefEdge Inc., established in Spring 2000, specializes in wireless local area network (WLAN) systems tailored for multi-site enterprises. The company develops technologies to facilitate secure, reliable, and managed connectivity for mobile devices equipped with short-range wireless capabilities like Bluetooth. ReefEdge's products enable the deployment of innovative, location-aware mobile applications within corporate networking environments. Led by a seasoned executive team with extensive experience delivering enterprise solutions, previously from companies such as IBM, AT&T, Telcordia, and Prodigy, ReefEdge focuses on providing secure wireless network infrastructure products that ensure mobility and session persistence while offering robust management capabilities for WLANs.

Wavesmith Networks

Series B in 2001
Wavesmith Networks is a company that specializes in developing hardware solutions designed to enhance the network capacity of telecommunications carriers. It focuses on providing multiservice edge switches that facilitate the expansion of existing Layer 2 infrastructures for regional Bell operating companies, incumbent local exchange carriers, and interexchange carriers. By enabling these telecommunications providers to integrate their services onto ATM or MPLS-oriented core networks, Wavesmith Networks supports the evolution of their network capabilities without requiring significant disruptions or overhauls.

AP Engines

Series B in 2001
AP Engines provides the industry's only complete OSS integration platform for telephony and broadband service providers. Its workflow-based product suite, AP InterLink, enables service providers to turn technology into revenue by bridging the gap between new services and current infrastructure. AP InterLink solves the complex problems of connecting multiple OSS. It facilitates open access standards, enables service creation, and provides network usage management to appropriately track and bill for services.

Ceyba

Series B in 2001
Ceyba has a firmly rooted corporate philosophy that guides the growth of their company - a commitment to their customers and employees and to the communities where they work. This allows us to maintain perspective, balance and their competitive edge. Ceyba was founded in May 2000 by five senior engineers and was originally named Solinet Systems. They have a complete team in place that represents a diverse cross section of talent with experience from top-notch software, hardware and optical companies. Their team has delivered numerous market-leading products for the high-speed optical Internet. With solid funding from top-tier venture capital firms, Ceyba has blossomed to more than 200 people. Led by seasoned management, their team is developing and manufacturing next-generation core optical networking systems that deliver superior reach, speed and flexibility with pure simplicity. Ceyba is based in Ottawa, Canada.

Mobilian Corp

Series C in 2001
Mobilian Corporation is a wireless systems company that specializes in the development of chips, software, and reference designs for wireless radios. The company manufactures wireless networking chips designed for mobile phones and computer devices. Among its notable products is TrueRadio, a two-chip set that enhances wireless communication capabilities. Through its innovative offerings, Mobilian aims to advance wireless technology and improve connectivity solutions.

Ishoni Networks

Series C in 2001
Ishoni Networks develops broadband engines for residential and business customers.

Oresis Communications

Venture Round in 2001
Oresis Communications designs and develops switching systems for carrying voice and data signals on the same telecommunications network. It offers ISIS-700 OmniService Switch, which enables carriers and service providers to migrate circuit and packet switched networks to a single backbone; and ISIS-700 Integrated OmniService Switch, which is a multiservice switch equipment that switches multiple voice, data, Internet, and video services in a single system. The company is based in Beaverton, Oregon.

Catena Networks

Series C in 2000
Catena Networks develops broadband access systems that enable service providers to deploy voice, data, and video services. The company's products include The CNX-5 Broadband DSL System, a card-for-card upgrade solution for Lucent SLC-5 Digital Loop Carriers and The CN1000 Broadband Loop Carrier that enables service providers to deploy integrated plain old telephone service (POTS) and digital subscriber line (DSL) services and deliver voice, data and video services over copper and fiber infrastructures. It caters to local exchange carriers, postal telephone and telegraph operators, and other service providers. The company was founded in 1998 and is based in California, US with an additional office in Morrisville, North Carolina.
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