Light Reading
Transport equipment vendor BTI Systems has raised another $10 million in VC backing and unveiled its software-defined networking (SDN) roadmap

BTI Raises Cash, Embraces SDN

Ray Le Maistre
2/27/2013
50%
50%

Optical and Carrier Ethernet transport systems vendor BTI Systems Inc. has raised US$10 million in fresh funding from its venture capital backers and announced a software-defined networking (SDN)-ready product designed for inter-data center connectivity.

The new round of funding was led by Bain Capital, with contributions from other existing investors BDC, Covington Capital and GrowthWorks. The company has now raised around $90 million in venture backing.

The new money will help BTI as it continues to ramp up sales and push its new "SDN-enabled" platform, called Intelligent Cloud Connect. The vendor says Intelligent Cloud Connect is a packet/optical platform with integrated applications modules and open APIs, a design that "will replace the need to continue to purchase separate optical transport devices, switches, router ports, and network application appliances to handle and manage inter-data center traffic growth."

BTI expects to have the new product in customer labs in the second quarter of this year and ready for commercial availability in the third quarter. For more details, see this press release.

Why this matters
The move is noteworthy not just because it's another company with an SDN story but because BTI has a reputation for delivering on its technical promises -- it's not a name that crops up in the "slideware club."

And what's interesting about its approach is that BTI positioned itself as a company that can be included in SDN infrastructure plans, rather than a company that is developing specific SDN products (such as an OpenFlow controller). It has also targeted a specific market -- data center interconnection.

This ties in neatly with the data transport strategies of companies such as Google, which is already benefiting from simplified SDN-based networks and which is believed to be one of BTI's 350-plus customers. (See Is Google Fueling BTI's Growth? and Google: SDN Works for Us.)

The new funding from Bain and others also shows confidence in BTI's business model and growth potential, both worthy attributes in a market where many are struggling under sector-specific and macro-economic financial pressures.

— Ray Le Maistre, International Managing Editor, Light Reading

(1)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View
I am Spartacus
50%
50%
I am Spartacus,
User Rank: Light Beer
2/27/2013 | 5:03:48 PM
re: BTI Raises Cash, Embraces SDN
Anyone know who they are getting the SDN platform from?
Flash Poll
LRTV Custom TV
VeEX – Live from the Show

8|21|14   |   5:58   |   (0) comments


An overview of VeEX Test and Measurement solutions including TX300S multi-service test set with VeExpress cloud-based management system, UX400 universal modular platform supporting 100G testing, and the redesigned RXT modular platform.
LRTV Custom TV
Transitioning CE 2.0 Networks Into the SDN & NFV Era With Telco Systems

8|19|14   |   5:19   |   (0) comments


Telco Systems' Ariel Efrati (CEO) and Moshe Shimon (VP of Product Management) discuss virtualization and how the company's new Open Metro Edge solution utilizes the SDN and NFV concepts to accelerate and orchestrate service delivery through its innovative product portfolio and software applications.
LRTV Custom TV
NFV Myths: Is NFV Still Several Years Away?

8|11|14   |   1:13   |   (0) comments


Some say that NFV (network functions virtualization) is still several years away from being implemented on mobile operator networks. This isn't the case. Operators can get started on their paths to NFV now, as this short video from Skyfire shows.
LRTV Custom TV
A New Security Paradigm in SDN/NFV

7|28|14   |   02:54   |   (0) comments


Paul Shaneck, Global Director Network Solutions for Symantec, discusses the evolving virtualized network, explaining how Symantec is leading the security discussion as it relates to SDN and NFV, and helping to ensure the network is protected and compliant.
LRTV Documentaries
Sprint's Network Evolution

7|24|14   |   14:59   |   (0) comments


Sprint's Jay Bluhm gives a keynote speech at the Big Telecom Event (BTE) about Sprint's network and services evolution strategy, including Spark.
LRTV Documentaries
BTE Keynote: The Software-Defined Operator

7|24|14   |   18:43   |   (1) comment


Deutsche Telekom's Axel Clauberg explains the concept of the software-defined operator to the Big Telecom Event (BTE) crowd.
Light Reedy
Numbers Are In: LR's 2014 Salary Survey

7|24|14   |   1:25   |   (7) comments


Our fourth annual Salary Survey paints a picture of who's hiring, firing, earning, and yearning for a change in the telecom industry.
LRTV Custom TV
Driving the Network Transformation

7|23|14   |   4:29   |   (0) comments


Intel's Sandra Rivera discusses network transformation and how Intel technologies, programs, and standards body efforts have helped the industry migration to SDN and NFV.
LRTV Custom TV
Distributed NFV-Based Business Services by RAD

7|18|14   |   5:38   |   (0) comments


With the ETSI-approved Distributed NFV PoC running in the background, RAD's CEO, Dror Bin, talks about why D-NFV makes compelling sense for service providers, and about the dollars and cents RAD is putting behind D-NFV.
LRTV Custom TV
MRV Accelerating Packet Optical Convergence

7|15|14   |   6:06   |   (0) comments


Giving you network insight to make your network smarter.
LRTV Custom TV
NFV-Enabled Ethernet for Generating New Revenues

7|15|14   |   5:49   |   (0) comments


Cyan's Planet Orchestrate allows service providers and their end-customers to activate software-based capabilities such as firewalls and encryption on top of existing Ethernet services in just minutes.
LRTV Custom TV
Symkloud NVF-Ready Video Transcoding, Big Data

7|9|14   |   3:41   |   (0) comments


Kontron and ISV partner Vantrix demonstrate high-performance video transcoding and data analytic solutions on same 2U standard platform that is ready for SDN and NFV deployments made by mobile, cable and cloud operators.
Upcoming Live Events!!
September 16, 2014, Santa Clara, CA
September 16, 2014, Santa Clara, CA
September 23, 2014, Denver, CO
October 29, 2014, New York City
November 6, 2014, Santa Clara
November 11, 2014, Atlanta, GA
December 9-10, 2014, Reykjavik, Iceland
June 9-10, 2015, Chicago, IL
Infographics
Today's Cartoon
Hot Topics
Level 3 Does Big Data Differently
Carol Wilson, Editor-at-large, 8/21/2014
Comcast Streams Back to School
Mari Silbey, Independent Technology Editor, 8/21/2014
T-Mobile: Small Cells? We're Dense Already
Dan Jones, Mobile Editor, 8/22/2014
Sprint Drops Prices, But Also Speeds?
Sarah Reedy, Senior Editor, 8/21/2014
Line-Powered Phone Lines: A Hot Topic Again
Carol Wilson, Editor-at-large, 8/20/2014
Like Us on Facebook
Twitter Feed