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Optical/IP

Top Ten New Startups

Put together a team with stunning startup credentials, the hottest market in telecom, and two of the biggest names in technology venture financing, and you've got a solid new entrant.

That's the story over at Mavenir Systems Inc. 's headquarters in Richardson, Texas, where the old band from startup IP Mobile is getting back together. IP Mobile was sold to Cisco Systems Inc. (Nasdaq: CSCO) for $425 million in August 2000. Having raised little more than $7 million in funding, the company has built a new team focused on service convergence. (See Mavenir Converges on $13M.)

After 18 months in stealth mode, the company is planning a marketing blitz starting this September, after raising $13.1 million from big name backers Austin Ventures and North Bridge Venture Partners .

North Bridge was one of IP Mobile's backers in 1999 and fancies more of the same kind of return.

The company reckons there's a gap in the market to target service providers that want to deliver their services to any device across any network, but which don't want to deploy point solutions or wait years for for standards-compliant IP Multimedia Subsystem (IMS) technology to become commercially available.

With an experienced management team, more than 50 staff drawn from Cisco, Alcatel (NYSE: ALA; Paris: CGEP:PA), Ericsson AB (Nasdaq: ERIC), Nortel Networks Ltd. , and Qualcomm Inc. (Nasdaq: QCOM) – including Pardeep Kohli, Alcatel's recently departed president of mobile NGN and former CEO of mobile softswitch firm Spatial Wireless, now part of Alcatel – Mavenir has the brains, track record, and backing to be a convergence hit.

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router_guy 12/5/2012 | 3:17:19 PM
re: Top Ten New Startups Can somebody explain to me where IPTV is successful? I keep seeing the last mile problem with DSL in the USA. Until the ISPs start delivering better guaranteed download speeds there is no way the current infrastructure could support IPTV in any quantity. If I have to buffer for 90 seconds every time I change the channel you can forget my business. Lack of content is a real problem also. Cable is moving to HD but IPTV is still putting out 320x240. I think the marketing people are too busy trying to beat the competition with better hype and not paying enough attention to reality. Or this is all for the Asia/Europe market and our ISP offerings have fallen behind those of the rest of the world. Which is it?
Scott Raynovich 12/5/2012 | 3:47:15 AM
re: Top Ten New Startups I can see via the traffic logs that many folks are hitting this list. Any feedback? Companies you love or hate? Love to hate?

Also, if you can, please take our poll:

http://www.lightreading.com/su...

--Scott
Dredgie 12/5/2012 | 3:46:41 AM
re: Top Ten New Startups Interesting, but maybe this list (by its nature) is to fluid for anyone to have a meaningful opinion?
DCITDave 12/5/2012 | 3:46:34 AM
re: Top Ten New Startups re: "Interesting, but maybe this list (by its nature) is to fluid for anyone to have a meaningful opinion?"

You don't need a meaningful opinion. Something like, "Zeugma sounds like Redback with a fresh coat of paint -- no thanks!" will do just fine.

Or, "M2Z will take the price of broadband to $0 in 10 years? Shouldn't the DSL Forum just go ahead and close up shop now?"

Okay?

Your turn.

ph

ph
opticalwatcher 12/5/2012 | 3:46:17 AM
re: Top Ten New Startups That's the new buzzword I've heard for products like Slingbox.

SoonR looks like a mobile phone place-shifting product. I suppose if you had enough bandwidth and a tuner on your PC, you could use it to watch television on your phone.
Dredgie 12/5/2012 | 3:46:04 AM
re: Top Ten New Startups I think that 9 out of 10 of these start ups are doomed to fail or be bailed-out at a loss to their initial investors. Throw a dart to pick the 1 that succeeds or delivers anything worthwhile. There. My GÇ˙opinionGÇÖ. OK?
IndustryAnalyst 12/5/2012 | 3:45:13 AM
re: Top Ten New Startups Hmmm, is Vyatta's revenue model to charge fees for fixes, updates/upgrades, extensions and support? License fees for 'beans?' (as in Java) Will they build/license APIs?

Would be nice to have software that can run on various platforms. But how would Vyatta test interoperability? Partner with Cisco, Juniper, Avaya...? Get friendly SPs to beta? Risky. If I were, say, Cisco, I wouldn't cooperate (yet). Build a router open-source consortium...?

"Compatibility" and "Efficiency" rear their heads.
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