Light Reading
Quiet-running startup raises $19.8M, works on secure fixed/mobile convergence box for building VPNs

Stoke Gets Stoked With $20M

Light Reading
News Analysis
Light Reading
9/14/2005
50%
50%

Stealthy startup Stoke Inc. has grabbed some VC funding but is not yet ready to go public with details of the fixed/mobile convergence (FMC) products it is working on.

The company wouldn't officially comment on the funding, but according to Venture Wire, it has received $19.8 million in a series B round. "There's clearly been a funding event," allows Keith Higgins, who is heading up marketing for the firm. Stoke is backed by Kleiner Perkins Caufield & Byers and Sequoia Capital.

Even as other FMC startups start to crowd the marketplace, Stoke wants to keep its powder dry and not reveal too many details about its product line. "There's a lot of things to be solved in fixed/mobile convergence," says Higgins, before clamming up.

But a source tells Unstrung that Stoke is working on a box that will enable an end-to-end VPN connection from "any-to-any" network point. So that could be a WLAN network to a GSM network, or a cable network to WiMax.

Stoke's CEO Randall Kruep certainly has a history on the wired side of the networking business. He was a top salesman at Redback Networks Inc. (Nasdaq: RBAK) before he became CEO at Procket. He resigned from Procket in June 2003, and Cisco Systems Inc. (Nasdaq: CSCO) purchased the firm's assets earlier this year. (see Procket CEO Resigns and Cisco to Pay $89M for Procket Assets).

Of course, a lot of young companies out there are looking to solve very similar problems (see The Convergence Contenders). Some of Stoke's rivals include Azaire Networks Inc., NewStep Networks Inc., and Persona Software Inc., each of which takes a different approach to the problem of allowing data and voice calls to be passed between different fixed and mobile network types.

And, at the time of writing, it is not clear why the startup decided to name itself after a rainy town in Northern England.

— Dan Jones, Site Editor, Unstrung

(3)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View
tonep2
50%
50%
tonep2,
User Rank: Light Beer
12/5/2012 | 2:56:58 PM
re: Stoke Gets Stoked With $20M
... except for Bill Evans, the VP of engineering.
Randall Kruep left a while ago. So has Bill Snow,
Allan Baw and others. Their third round of
financing was August 2006, and they still seem
to be mostly talk. A bunch of Redback people
stick around...
Honestly
50%
50%
Honestly,
User Rank: Light Beer
12/5/2012 | 3:01:49 AM
re: Stoke Gets Stoked With $20M
Raising more money, no product and runniung under the radar. Wow, sounds like Procket. Lightreading any thought on when they will have more than a position statement.

Stealth is over dude.
DanJones
50%
50%
DanJones,
User Rank: Blogger
12/5/2012 | 3:01:48 AM
re: Stoke Gets Stoked With $20M
I think it's possible they're in the process of securing a customer and want to announce the company on the back of that. That's my take.

Anyone with any juicy details is welcome to write me at jones@unstrung or call on 212 925 0020 x115

Dan Jones
Site Editor
Unstrung
Flash Poll
LRTV Huawei Video Resource Center
Sales Director of INIT on Plug & Play Switch Devices

9|19|14   |   3:21   |   (0) comments


INIT Italy uses both the Huawei S5700 and S7700 series switches for the campus LAN environment. Sales Director Andrea Curti says their company chose these Huawei devices over others because of their performance, flexible scalability and plug-and-play features.
LRTV Huawei Video Resource Center
Saudi Arabia Upgrades Vocational Training System

9|19|14   |   3:31   |   (0) comments


The Technical and Vocational Training Corporation (TVTC) has 100,000 students, 150 government-owned institutions and oversees 1000 private institutes. The CIO of TVTC explains that Huawei devices have allowed them to manage multiple datacenters using just one software program, scientifically tracking the progress of students and teachers, saving them millions.
LRTV Huawei Video Resource Center
Huawei's Media Solutions Are Here to Stay

9|19|14   |   4:35   |   (0) comments


The current media revolution requires rapid upgrades in technology. New formats (HD, 3D, 4K etc.) and the subsequent explosion of file sizes demand sophisticated network and storage architecture. Social media and the multiple distribution channels require a robust asset management system. Gartner analyst Venecia Liu speaks about the current technological trends in ...
LRTV Huawei Video Resource Center
Microgenesis on Huawei's Switches

9|19|14   |   3:57   |   (0) comments


Microgenesis is a solutions and system integrator company in the Philippines whose areas of expertise include data centers, networking and security products. In this video, Executive Director Jeffrey Choa talks to us about his customers needs and they benefit from using Huawei switches.
LRTV Huawei Video Resource Center
Network Solutions Help the Philippines Jump Ahead

9|17|14   |   2:59   |   (0) comments


In the past, the Philippines has under-invested in technology. Now, the CEO of Softshell talks about how Huawei products help the Philippines jump ahead as the economy improves.
LRTV Huawei Video Resource Center
VCS Observation for Safer Cities in the Netherlands

9|17|14   |   5:20   |   (0) comments


Holland's VCS Observation has been operating for 22 years. Its main goal is to get cities safer. CEO Wim van Deijzen tells us some of the challenges his company faces and how Huawei is helping to overcome these challenges.
LRTV Huawei Video Resource Center
A Conversation With Serbia's Ministry of Interior

9|17|14   |   4:38   |   (0) comments


At HCC 2014, the Assistant Minister of the Ministry of Interior of the Republic of Serbia talks to us about his projects and corporation with Huawei. Solutions like Safe City and E-Government and services like cloud computing are just some of the areas his department is interested in.
LRTV Huawei Video Resource Center
IHS Analyst Discusses eLTE at CCW 2014

9|10|14   |   7:09   |   (0) comments


Thomas Lynch, associate director of critical communications at IHS Technology, talks about broadband in critical communications.
LRTV Huawei Video Resource Center
TCAA on Huawei eLTE: A Broadband Solution for Mission-Critical Communications

9|10|14   |   2:29   |   (0) comments


At CCW2014 in Singapore, the TCCA's Phil Kidner talks about the importance of broadband data for critical communications.
LRTV Custom TV
Spotlight on Cisco: SDN for Optical Networks

9|8|14   |   9:27   |   (0) comments


Cisco's Greg Nehib talks OpenFlow and more on the 'Software-Defined Networking for Optical Networks' panel at the Big Telecom Event in June 2014.
LRTV Custom TV
Cisco's Evolved Programmable Network (EPN)

9|8|14   |   4:05   |   (0) comments


A look at the various demos Cisco showed at Light Reading's Big Telecom Event highlighting Cisco's EPN innovation and how SDN and NFV technologies are enabling a variety of new services.
LRTV Huawei Video Resource Center
The Future of Ultra-Broadband, With Kevin Kelly (UBBF2014)

9|5|14   |   1:13   |   (1) comment


If you think the technological changes we've seen up to now are astounding, just wait until you see what the future has in store. Discuss upcoming breakthroughs with Kevin Kelly, Founding Executive Editor of Wired Magazine, at the Huawei Ultra-Broadband Forum on September 24.
Upcoming Live Events!!
September 23, 2014, Denver, CO
October 29, 2014, New York City
November 6, 2014, Santa Clara
November 11, 2014, Atlanta, GA
December 2, 2014, New York City
December 3, 2014, New York City
December 9-10, 2014, Reykjavik, Iceland
June 9-10, 2015, Chicago, IL
Infographics
A survey conducted by Vasona Networks suggests that 72% of mobile users expect good performance all the time, and they'll blame the network operator when it's not up to par.
Today's Cartoon
Vacation Special Caption Competition Click Here
Latest Comment
Hot Topics
AT&T: We'll Bundle Fixed Wireless & DirecTV
Mari Silbey, Independent Technology Editor, 9/15/2014
New NFV Forum Focused on Interoperability
Carol Wilson, Editor-at-large, 9/16/2014
NFV & The Data Center: Top 10 Takeaways
Sarah Reedy, Senior Editor, 9/18/2014
Connecticut Cities Crowdsource Gigabit Nets
Jason Meyers, Senior Editor, Utility Communications/IoT, 9/15/2014
Pics: LR's Women in Telecom Breakfast
Sarah Reedy, Senior Editor, 9/16/2014
Like Us on Facebook
Twitter Feed