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
Tuesday, August 3, 2010
Accedian Networks Raises $19.5 Million
Labels:
Accedian Networks,
Ethernet
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
Monday, August 2, 2010
Android 2.2 is Coming
Labels:
Andorid 2.2,
Android
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
Miss Your Interview or Lose Your Hard Drive? Tough Choice!
Fully 84 percent of computer users polled by Kelton Research believe that the contents of their computers are more a reflection of their personality than what you might find in their wallet.
That should come as no surprise. There is a limit to the amount of detail and data in a wallet. There is richness of detail on a PC's hard drive if you consider email, documents, calendars, contacts, web browsing history, applications and usage history, bookmarks and so forth.
Nearly 36 percent of respondents would rather be late to an important meeting than lose all of their personal files stored on their PC. That's a rational position and one might only be surprised that the percentage of respondents is not higher.
Despite the tough economy and the high unemployment rate, 20 percent of those polled would choose missing an important job interview over losing their data. Though this is a judgment call, job interviews can be rescheduled. Non-backed up data can be impossible to reconstruct.
read more
That should come as no surprise. There is a limit to the amount of detail and data in a wallet. There is richness of detail on a PC's hard drive if you consider email, documents, calendars, contacts, web browsing history, applications and usage history, bookmarks and so forth.
Nearly 36 percent of respondents would rather be late to an important meeting than lose all of their personal files stored on their PC. That's a rational position and one might only be surprised that the percentage of respondents is not higher.
Despite the tough economy and the high unemployment rate, 20 percent of those polled would choose missing an important job interview over losing their data. Though this is a judgment call, job interviews can be rescheduled. Non-backed up data can be impossible to reconstruct.
read more
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
Will Clearwire Make its 2010 Buildout Goals?
Summer normally is the time of year when landline and wireless construction gets into really high gear. In Clearwire's case, it had better.
Clearwire is racing to add coverage and win customers before Verizon unveils out LTE network in the fourth quarter of this year. At the moment Clearwire might be only half way to meeting its 2010 timetable.
Some of us are anxious for Clearwire to meet its goals, on time. Clearwire might be even more motivated, as the spectrum and speed advantage the company has held over all its other major competitors will be coming to an end relatively soon.
Verizon's LTE network is supposed to be lit, covering 100 million people with Verizon's own fourth-generation network, and taking away much of Clearwire's marketing advantage.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
iPhone 4, Samsung Galaxy S (Captivate), Evo 4G
Here's a review of the Apple iPhone 4m the Samsung Galaxy S (Captivate) and the HTC Evo 4G.
Labels:
HTC,
iPhone,
Samsung Galaxy
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
HTC Evo WiFi Hotspot Function Demo
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
Who Ever Thought Verizon Would Not Need the iPhone?
Make no mistake, Apple's iPhone has been a huge success for AT&T. Other carriers, and the most often mentioned candidate, Verizon Wireless, would likely not spurn the chance to sell the iPhone.
But it is just possible that Android devices now are getting enough traction that Verizon Wireless, though it might want to sell the iPhone, does not actually need to sell the iPhone.
That is a big shift. Android's growth, fueled by Verizon exclusives such as the Droid X and Droid Incredible, might finally be reaching the point where the issue no longer is so critical.
The Android-powered HTC devices might be reaching such critical mass that going too far out of the way to get an iPhone deal is less important. Apple has a carefully-cultivated and faithful following. But most people are not Apple addicts. If the Android can demonstrate it is as easy to use, supports the same apps, costs the same and works the same, most people are likely to give it a look.
Right now HTC seems to have captured most of those qualities.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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