Networking News

Monday, February 13, 2012

Yottaa adds CDN to its website booster offerings
Web performance boosting startup Yottaa Inc. has launched its own content delivery network, or CDN, which the company says will alllow its target audience of small to midsize businesses get the benefits of a CDN like Akamai Inc., but at a much lower cost.

Wednesday, February 8, 2012

Airvana sues Ericsson over 'knock-off' tech
Airvana Network Solutions Inc. says in a lawsuit that Swedish phone maker Ericsson A.B. has been trying to drive it out of business by secretly developing "knock-off" versions of Airvana tech that Ericsson had been licensing. Airvana is looking for $330 million in damages.

Friday, February 3, 2012

Polatis picks up $2.7M in new funding
Andover optical networking company Polatis Inc. has landed $2.7 million in new funds to help it develop new products in the data center interconnect, carrier and government markets.

Tuesday, January 31, 2012

Enterasys leaving Andover, moving back to NH
Enterasys Networks, maker of telecom and networking hardware and software, is pulling up stakes in Andover, and relocating to a new, larger facility over the border in Salem, N.H.
Silverlink socks away $2M in new funding round
Patient communications services company Silverlink Communications Inc. has landed $2 million of a planned $2.04 million Series D funding round.
Illume being bought by competitor Options Media
Illume Software Inc. is being acquired by Options Media Group Holdings Inc., a publicly traded Florida company that makes a software product similar to Illume's iZUP to prevent distracted driving.

Friday, January 27, 2012

Fast-growing Mobiquity names Bayer as CFO
Mobiquity Inc., a mobile-focused professional services startup less than one year old, has a new chief financial officer, Michael Bayer, to lead the Wellesley company's rapid growth.

Thursday, January 26, 2012

SparkBridge swims out of Vancouver Aquarium, FableVision Studios
SparkBridge Interactive has launched today, tapping former Blue Fang Games COO Scott Triola as its new CEO, and aiming to bring a gamification platform to mobile apps.

Wednesday, January 25, 2012

Azuki adds $5.1M in new funding round
Azuki Systems Inc., an Acton mobile video publishing company, has closed on $5.1 million in a new financing round backed by Kepha Partners of Waltham and Sigma Partners of Boston.
Guest Column: Mobile TV needs to solve the security question to take off
Azuki Systems Chairman Cheng Wu: Today's consumers want to watch their favorite content when they want and on whatever device they choose. With the rise of smartphones, tablets, connected TVs, gaming consoles and streaming players, providing this experience needs to be on every video delivery company’s strategic agenda.

Tuesday, January 24, 2012

Verivo takes on $10M funding
Verivo Software Inc., the mobile platform play formerly known as Pyxis Mobile Inc., has closed on a $10 million funding round, federal documents show.

Friday, January 20, 2012

SeaChange names Bornak as its new CFO
Video software company SeaChange International Inc. has named Michael Bornak as its new chief financial officer, a role he will assume Jan. 23, according to a release.

Wednesday, January 18, 2012

On The Spot Systems scores $750K seed round
Mobile survey provider On The Spot Systems Inc. has raised $750,000 in a seed funding round that will allow it to expand further into the food service market, the company said in a release.

Tuesday, January 17, 2012

Raytheon BBN's translation system attract $5.5M Army deal
Raytheon BBN Technologies, a Cambridge subsidiary of Waltham-based Raytheon Co., landed a $5.5 million deal with the U.S. Army to build a two-way communication and translation system intended for mobile devices.

Thursday, January 12, 2012

Extreme Reach reaches out to TD Bank for $9M credit line
Needham-based video advertising company Extreme Reach Inc. has closed on a $9 million credit facility from TD Bank that could lead to acquisitions, the company said in a release.

Wednesday, January 11, 2012

Tangoe buys Montreal’s Anomalous Networks
Tangoe Inc., a Connecticut communications software company, has purchased Canadian company Anomalous Networks for an undisclosed amount, the company reported in a release.

Tuesday, January 10, 2012

VideoIQ boosts Series C round to $11M
VideoIQ Inc., a Bedford-based surveillance technology company, has bumped up its Series C funding round to $11 million, taking in a second tranche from existing investors.

Monday, January 9, 2012

Nuance announces Smart TV play called Dragon TV
As a race for smart TV heats up, Nuance Communications Inc. aims to make obsolete the domestic battle for control over the TV remote. With Apple TV and Google TV both reportedly in the works, Burlington-based Nuance is making an early play at being the provider of natural language processing software for this nascent market.

Wednesday, January 4, 2012

Lightower to link MassBroadband 123 to the Net
Boxborough-based Lightower Fiber Networks LLC has been chosen by the Massachusetts Broadband Institute to supply the MBI's new rural broadband deployment in western Massachusetts with access to its fiber network to give it access to the Internet.

Thursday, December 22, 2011

Cyber-Ark raises $40M financing
Newton-based information security firm Cyber-Ark Software is pulling in a $40 million funding round, led by Goldman Sachs and Jerusalem Venture Partners.