Accedian Networks Release 5.1 Now Available

Accedian Networks Release 5.1 of its High Performance Service Assurance platform for the Company’s MetroNID and MetroNODE 10GE demarcation units.

Accedian Networks is the number one provider of High Performance Service Assurance solutions for Carrier Ethernet mobile backhaul networks.  Release 5.1 contains several key features that enhance the synchronization and clock distribution capabilities of the NIDs, including support for new GPS and Synchronous Ethernet options in the MetroNID demarcation devices.

MetroNID GPS is designed to assure real-time services with an embedded GPS receiver that provides highly accurate clock synchronization for 1-way measurements of delay and delay variation of Ethernet links.

Accedian Networks Raises $19.5 Million

Accedian Networks, a provider of service assurance solutions for Carrier Ethernet and IP networks, has gotten $19.5 million in a round of financing led by Summit Partners, a growth equity firm with offices in Boston, Palo Alto and London.

Rho Ventures and Skypoint Capital, existing investors in Accedian, participated in the round as well.

Accedian has had four years of 100 percent-plus, year-over-year growth and profitability.

“The rapid increase of mobile device usage and network traffic has left carriers struggling to meet consumer demand and service level agreements, with the backhaul function representing a notable bottleneck on most networks,” said Tom Jennings, a Managing Director at Summit Partners who has joined the company’s board of directors.”

Since inception, Accedian has sold over 55,000 platforms to over 150 service providers and enterprise customers world-wide. The new funding will be used to grow a global sales force, as well as further support product development, marketing, and administrative support organizations