Nauticus Emerges From Stealth Mode

Nauticus Networks grabs $21M in second round, launches company with Gbit-scaled application switches based on its own innovative architecture

April 2, 2002

2 Min Read

FRAMINGHAM, Mass. -- Nauticus Networks, Inc., today announced a powerful new line of application switches addressing critical data center requirements to effectively and securely deliver Internet-enabled applications. Based on the innovative Nauticus Architecture, the Nauticus Application Switch product line drives new efficiency in the delivery of essential application services including application switching, load balancing, and SSL, providing more than a 10x price/performance improvement over traditional solutions. Based on the innovative Nauticus Architecture, the Nauticus Application Switches will provide dramatically improved, high-performance network, security, and content services in an integrated platform. Starting with a cost effective, two rack-unit system that can deliver multi-gigabit network throughput, the Nauticus Application Switches enable data center operators to significantly improve application delivery. "We architected [sic] the Nauticus product line to optimize the delivery of network, security, and content services," said Josh Weiss, president and CEO of Nauticus Networks. "By applying a purpose-built architecture and critical hardware acceleration, we remove the traditional bottlenecks and create a platform for the efficient delivery of services. The result for data center operators is radically improved application delivery with a reduced cost structure." In a separate release: Nauticus Networks, Inc., a developer of data center switching solutions, today announced that the company has closed more than $21 million in additional funding. This Series B financing round brings the total investment to more than $33 million and includes original first round VC firms Charles River Ventures, Matrix Partners, and North Bridge Venture Partners along with other investors. The new funding is targeted for the continued expansion of the company's sales, marketing, and engineering efforts. "The Nauticus Application Switches leverage our groundbreaking Nauticus Architecture and core technology to smash performance bottlenecks and provide industry-leading price/performance for critical security and network services," said Josh Weiss, president and CEO of Nauticus Networks. "The explosive growth of Internet-enabled applications and services has put a considerable strain on the data center at a time when organizations are fueling their success with the drive to the net. With a product line of purpose-built, gigabit-scaled application switches, Nauticus will address the challenges of creating a business-grade infrastructure that delivers performance and security at levels required to support net-enabled computing." Nauticus Networks Inc.

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