NEWARK, CA--Accordion Networks, a start-up positioned to offer Integrated Communications Providers (ICPs) lucrative market opportunities via a groundbreaking new delivery platform, received $16 million in its second round of financing. The investors include two premier Silicon Valley venture firms, Accel Partners and Crescendo Ventures.

"We are overwhelmed with the interest we have received from the venture community," said Gautam Chanda, CEO, Accordion Networks. "It serves as a testament to our strong management team, innovative solutions, and a strong potential for the profitable broadband services market."

http://www.accordionnet.com