LONDON -- U4EA Technologies, the leading embedded quality of service (QoS) software provider for multi-service networks, announced today that it has successfully completed another funding round - raising an additional $5.2 million from its original investors. The funds will be used to continue the development of its QoS software, expand its SIP and hardware development center in Fremont, California and bring its multi-service, next-generation network products to market.
Developed to support carrier customers, U4EA's next-generation network devices include two technologically advanced hardware products that will be launched later in the first quarter of 2005. These products have been developed to enhance network access across converged, fixed and internet-based (IP) networks and enable simple migration to reliable triple-play communications.
"In this Series D funding round, I am very reassured that those investors who backed us in each of the previous funding rounds continue to have confidence in our people and in the future prospects for our technologies and products," said Columb Harrington, chief executive officer at U4EA Technologies. "The drive for new, feature-rich applications across converged communications networks is unrelenting. Now tested and carrier-proven, we believe our core technology is pivotal to next-generation networking becoming a reality."
U4EA Technologies Ltd.