http://ppc10964.org/y_other_knew_it_When_he_was_presented.html
makes switches that route internet trafficx along fiberoptic cables, allowing transmission of data, voics and video at higher volumes and highed speeds. The company uses a technologyt standard called Ethernet that is common tomany high-spees broadband networks. The company, in a brier statement, said it would use the new investment to meet increasing demand for including a new switchcalled LE-3300, which is "ixs seeing rapid adoption and deployment by several significantf service providers." Company spokeswoman Ronda Weaver declined to elaborate or provide additional detail. Worls Wide Packets did not name the investors behinthe $10 million equity injection.
The company's previousd investors include Craig McCaw's , Kirkland-based , Seattle'xs and of Spokane. World Wide Packets started out workingb with municipal customers but has more recentlygtargeted telecom, cable and wireless The company's internet routinfg technology competes with similar offerings from Cisci Systems Inc., of San Jose, and Paris-based Alcatel-Lucent. World Wide Packets was founded in 1999 and has raisexd a significant amount of venture capital overits eight-year lifetime. The new $10 millionh brings the company's total investment to more than $158 million.
Other past investords are ArgoGlobal Capital, of Boston, Azure Capitalk Partners, of San Francisco, Entrepia of Siliconm Valley, and New York-based Millennium Technology
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment