MOUNTAIN VIEW, Calif. -- NextHop(TM) Technologies Inc., the definitive source for network routing software solutions, today announced that it has increased its Series A round of investments to $11 million. In addition to lead-investor New Enterprise Associates (NEA), NextHop's financiers now include Labrador Ventures, Venture Law Group, and Arno Penzias, former Bell Labs chief scientist. The additional funding comes on the heels of a newly formed management team appointed last September. "The market already recognizes NextHop's GateD(TM) as the de facto standard in routing software. When you couple that with the company's experienced management team and vast market potential, NextHop becomes an obvious choice for our portfolio," said Rob Coneybeer, general partner, NEA. "I see NextHop as a veritable diamond in the rough," stated Arno Penzias, former Bell Labs chief scientist. "The technology has already been established and accepted industrywide. The management team has the experience and savvy to leverage its market-leading product into a market-leading company." NextHop Technologies Inc. New Enterprise Associates (NEA)