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Optical/IP

Friday Funding: Agito Steps Out

The latest convergence contender and a supplier of high-def mobile video line up for this week's funding roundup.

Agito Networks Inc.
Stealthy convergence startup Agito is close to closing its "double-digit" round of series A funding and has hired ex-Network Chemistry Inc. head, Rob Markovich, as its CEO, Unstrung has learned.

Agito has so far gathered around $7 milion in funding but hasn't yet closed the round. The firm has been incubated thus far by Battery Ventures and says it is getting good reactions from the VC community.

Markovich says he decided to join Agito because the time is right to move into enterprise systems that enable businesses to have more control of users moving between corporate WiFi networks and carrier-operated cellular networks.

"The enterprise mobility market is one of the last white spaces in IT," Markovich tells Unstrung. "That, combined with the quality of the team here and the quality of the investors, made me join."

The company was started in 2006 by people who had previously been working with wireless at Cisco Systems Inc. (Nasdaq: CSCO). Founder Pejman Roshan may be familiar to some readers, as he worked on wireless LAN at Cisco's wireless business unit. CTO and software architect Tim Olson was with JetCell, which Cisco bought in 2000.

Agito hasn't yet revealed many details on what it intends to do within the enterprise fixed/mobile convergence space. Markovich did hint, however, one of the things that will make Agito different from startup rivals like DiVitas Networks Inc. is that the company's software is intended to work with the diverse VOIP-related devices and infrastructure that companies may already have in place.

Agito wants to be "like Switzerland," Markovich says. It appears that the company will provide the layer that connects WiFi-enabled devices, WLAN networks, and the corporate PBX.

"But we're not middleware," Markovich stresses.

Amimon Inc.
Another week, another wireless-related investment from Motorola Ventures . This time, Motorola's VC arm has given an undisclosed amount of venture funding to Israel- and U.S-based company Amimon, which works on wireless TV tech.

Amimon's wireless high-definition interface (WHDI) technology can transmit uncompressed high-definition television content to flat-panel TVs and PCs over the air. "The investment from Motorola will fund our plan to set WHDI as a new industry standard for connecting high-definition video sources to displays wirelessly," says Amimon's CEO, Yoav Nissan-Cohen.

— Dan Jones, Site Editor, Unstrung

freetoair 12/5/2012 | 3:12:15 PM
re: Friday Funding: Agito Steps Out "But we're not middleware," Markovich stresses.

So what are they then?
An Asterik based B2BUA, aka SIP PBX?

Article lacks any compelling story.

DiVitas functionality is essentially a IPPBX feature (Cisco, Nortel, Siemens, PBX company abc..xyz) - so I understand distancing themselves from that (Asterik-based DiVitas crap)...

...but you would think, if they had one, they might communicate the compelling Agito story/value?

joset01 12/5/2012 | 3:12:14 PM
re: Friday Funding: Agito Steps Out They are apparently going to be saying more soon. I thought the idea of an FMC layer was relatively interesting. As with any of this stuff its almost impossible to make a sound judgement on what will win out in the end at such an early stage in the market. Watch this space I guess.

-- DJ
wavefront 12/5/2012 | 3:12:11 PM
re: Friday Funding: Agito Steps Out What will win out in the end is the solution that doesn't require the enterprise to run completely foreign PBX (IP or otherwise), voicemail system and IM just to get FMC.

Pretty clear to me that using what the customer already has (or at least might want to move to) is the way to go, and I don't see a lot of enterprises flocking to Asterisk.

Ya, I heard the "I through my PBX and vendor out the window and hired a part-time student to run my Asterisk" story too. Nice work if you can get it ...
Wireless_Wizard_1 12/5/2012 | 3:12:06 PM
re: Friday Funding: Agito Steps Out Alan - get a life... get off the boards.

- sudhir
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