Light Reading
AirTight, Ensequence, Samplify, and Telsima are this week's lucky VC recipients

Friday Funding Roundup

Dan Jones
LR Mobile News Analysis
Dan Jones, Mobile Editor
4/13/2007
50%
50%

A real mixed bag of wireless and mobile companies made it in this week's VC cash dash.

AirTight Networks Inc. : There's still plenty of money to be had in catering to corporate fears about WiFi insecurity. If Aruba Networks Inc. (Nasdaq: ARUN)'s recent IPO didn't fully illustrate that point then this week's $14.5 million round for AirTight should hammer it home. (See Aruba Files for IPO.)

The series C round was led by CMEA Ventures and joined by existing investors. Mountain View, Calif.-based AirTight has raised nearly $37 million in venture capital in its five years of operation.

The mobile security market is still dense with startups and major vendors competing for enterprise dollars, including firms such as AirDefense Inc. and AirMagnet Inc. [Ed Note: Strange that there's never been a wireless security company called AirLock.] AirTight is planning to launch a new version of its SpectraGuard Safe software this month, which provides threat detection and prevention capabilities across multiple local and wide-area wireless networks.

Telsima Corp. : The Santa Clara, Calif.-based equipment vendor's $50 million round this week shows that the air hasn't gone out of the WiMax hype bubble quite yet. VC firms are still willing to flash the cash for WiMax, even if the recent Clearwire LLC (Nasdaq: CLWR) IPO shows that everyday investors are more cautious about this largely untested market. (See Telsima Gets $50M. and Clearwire's Bubble Bursts.)

Samplify Systems Inc. : Data compression can be used to eke more performance out of existing wireless networks and devices, which is especially useful for cellular carriers that want to squeeze a little bit more life out of networks that they might have invested billions to install. Santa Clara, Calif.-based Samplify has developed chips that it says can compress data at a ratio of up to 8:1 and can be used across a broad range of industries including the wireless business. Charles River Ventures and Formative Ventures have put together a $6.5 million series A round for the company.

Ensequence Inc. : This Portland, Ore.-based video firm has completed a $40 million VC series C round that it says will allow it to continue worldwide expansion with new offices in New York and Los Angeles. The company has developed a system that can push video across TVs, PCs, and mobile devices.

— Dan Jones, Site Editor, Unstrung

(0)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View
Educational Resources
sponsor supplied content
Educational Resources Archive
Flash Poll
From The Founder
It's clear to me that the communications industry is divided into two types of people, and only one is living in the real world.
LRTV Documentaries
EE: The Road to 5G

12|16|14   |   16:02   |   (1) comment


Andy Sutton, the principal network architect at UK mobile operator EE, explains how his company is using Wembley stadium as a wireless test bed and how that's helping EE to plan the evolution to 5G.
LRTV Huawei Video Resource Center
Highlights of Huawei's NFV Open Cloud Forum 2014

12|16|14   |     |   (0) comments


Huawei hosted its inaugural NFV Open Cloud Forum during the SDN & OpenFlow World Congress 2014 in Düsseldorf, Germany. The Forum brought together technology thought leaders, senior executives and telecom professionals from global carriers, industry associations, as well as other partner companies in the ecosystem, to exchange views on and collectively explore how ...
LRTV Custom TV
Realizing Operators' Digital Vision

12|16|14   |   5:23   |   (0) comments


Leveraging technology is fundamental to digital transformation but understanding customers and serving them really well is at the heart of digital businesses. TM Forum lists the following as the strategic pillars of the digital business: business agility and rapid innovation, operational agility and effectiveness, IT and data centricity, plus customer centricity. ...
LRTV Documentaries
US Cellular Injects Analytics Into LTE

12|16|14   |   2:57   |   (1) comment


US Cellular's Mario Vela explains how the operator uses analytics for network planning and what comes next as the carrier looks to eke more value out of its metrics.
LRTV Interviews
How Cox Biz Plans to Keep Growing

12|15|14   |     |   (1) comment


Steve Rowley, SVP of Cox Business, details how the third-biggest US MSO intends to boost its revenues to $2 billion and beyond over the rest of the decade
LRTV Huawei Video Resource Center
Interview With Bill Zhang, Director of SoftCOM Product Management, Huawei

12|15|14   |   2:50   |   (0) comments


Bill Zhang elaborated on Huawei's open philosophy in NFV solution development and network architecture design at the SDN & OpenFlow World Congress 2014.
LRTV Huawei Video Resource Center
Event Highlights: Huawei at SDN & OpenFlow World Congress 2014

12|15|14   |   3:43   |   (0) comments


Huawei joined the 2014 SDN & OpenFlow Congress as one of the key sponsors and contributors. At the event, Huawei reinforced the openness and flexibility of its network infrastructure strategies, and provided updates on its SDN and NVF innovations. Through participations at the exhibitions, forums and speeches, Huawei encouraged the industry to "think bigger and ...
LRTV Interviews
How Cable Biz Services Hit $10B Mark

12|12|14   |     |   (1) comment


Cable operators reached $10 billion in annual business services revenues by delving deeper into their vertical markets and expanding beyond the smallest firms.
LRTV Documentaries
Mediacom Aims to Test Connected Tractors

12|11|14   |   05:07   |   (3) comments


Cable business service provider is taking its services to the 'agribusiness' sector in partnership with farm equipment specialist John Deere and is getting involved in Gigabit Cities developments.
LRTV Interviews
TWC Business Looks Beyond $3B

12|10|14   |     |   (0) comments


TWC Business Services chief Phil Meeks explains how his unit has reached $3 billion in annual revenues and what its plans are for next year.
LRTV Documentaries
AT&T's New Security Strategy

12|10|14   |   02:36   |   (1) comment


AT&T's Chief Security Officer Ed Amoroso explains how his company is wrapping virtual security layers around micro network domains.
LRTV Documentaries
2020 Vision: A First View

12|9|14   |   02:25   |   (3) comments


At the 2020 Vision Executive Summit in Iceland, unique Heavy Reading research shows that comms service providers are optimistic about the next five or so years.
Upcoming Live Events
February 10, 2015, Atlanta, GA
April 14, 2015, New York City, NY
May 6, 2015, McCormick Convention Center, Chicago, IL
May 13-14, 2015, The Westin Peachtree, Atlanta, GA
June 9-10, 2015, Chicago, IL
Hot Topics
Vodafone to Ride T-Mobile Back Into US
Dan Jones, Mobile Editor, 12/12/2014
1-Gig: Coming to a Small Town Near You
Jason Meyers, Senior Editor, Gigabit Cities/IoT, 12/17/2014
Gardner's Departure a Cautionary Tale
Carol Wilson, Editor-at-large, 12/12/2014
Cisco Makes Big Analytics Push
Mitch Wagner, West Coast Bureau Chief, Light Reading, 12/11/2014
T-Mobile Lights Up 27 Wideband LTE Cities
Sarah Reedy, Senior Editor, 12/15/2014
Like Us on Facebook
Twitter Feed
Upcoming Webinars
Webinar Archive