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 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.
LRTV Huawei Video Resource Center
The Evolving Role of Hybrid Video for Competitive Success

7|4|14   |   4:09   |   (0) comments


At Huawei's Global Analysts Summit in Shenzhen, China, Steven C. Hawley from TV Strategies speaks to us about the evolving role of hybrid video for competitive success.
LRTV Huawei Video Resource Center
How CSPs Leverage Big Data in the Digital Economy

7|4|14   |   4:48   |   (2) comments


Justin van der Lande from Analysys Mason shares with us his views on how telecom operators can leverage customer asset monetization with big data. His discusses the current status of big data applications and the challenges and opportunities for telecom operators in the digital economy era.
LRTV Huawei Video Resource Center
Accelerator for Digital Business Future Oriented BSS

7|4|14   |   3:08   |   (0) comments


Mobile and internet are becoming intertwined; IT and CT are integrating; and leading CSPs have begun to transform to information service and entertainment providers. How should the BSS system evolve to enable this transformation? Karl Whitelock, an analyst at Frost & Sullivan, shares his views.
Upcoming Live Events!!
September 16, 2014, Santa Clara, CA
September 16, 2014, Santa Clara, CA
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
Packet Design asks network professionals how they handle the cloud, SDN, and network management.
Today's Cartoon
Vacation Special Caption Competition Click Here
Latest Comment
Hot Topics
Is Windstream Boldly Setting a New Trend?
Carol Wilson, Editor-at-large, 7/29/2014
U-verse Growth Slips But Still Strong
Alan Breznick, Cable/Video Practice Leader, 7/24/2014
Facebook: 30% of Users Are Mobile-Only
Mitch Wagner, West Coast Bureau Chief, Light Reading, 7/24/2014
Salary Survey Report 2014
Sarah Reedy, Senior Editor, 7/23/2014
Verizon Applies 3G Throttling Policy to LTE
Sarah Reedy, Senior Editor, 7/25/2014
Like Us on Facebook
Twitter Feed