Ikanos Offers Programmable Silicon

Unveils programmable chipsets that deliver speeds from 64 kbit/s to 100 Mbit/s; raises $5.1M in its second round of Series C funding

October 22, 2001

2 Min Read

FREMONT, Calif. -- Ikanos Communications, Inc., a developer ofsmart silicon for profitable broadband, today introduced a family ofprogrammable chipsets that enables equipment vendors to develop productsthat deliver scalable high-throughput broadband speeds from 64 Kbps to 100Mbps over existing copper pairs. Ikanos' SmartLeap(tm) 8100 for BroadbandAccess Concentrators and CleverConnect(tm) 150 for Customer PremiseEquipment are chipset solutions that support multiple high-speedtechnologies and international standards. Ikanos' chipsets support LongRange Fast Ethernet(tm) (LRFE), Ethernet in the First Mile (EFM), and VeryHigh Bit Rate Digital Subscriber Line-Discrete Multi-Tone (VDSL-DMT). TheIkanos Programmable Operating System(tm) (iPOS(tm)) integrates a Real-timeOperating System (RTOS) kernel and management Application ProgrammingInterfaces (APIs) that enable equipment vendors to easily tailor thechipsets to specific application requirements."Carriers are looking to reduce operational costs and increase their revenuestreams. With Ikanos' chipsets, equipment vendors can expand thecapabilities of their products to offer their carrier customers a way todeliver higher-value services to more users without major networkbuildouts," said Rajesh Vashist, president and CEO of Ikanos. "By usingIkanos' chipsets, equipment vendors eliminate the need to design multipleproducts. Instead, they can develop one access concentrator for worldwidemarkets and applications." In a separate release:Ikanos Communications, Inc., a developer ofnext-generation broadband silicon solutions, today announced that it hasraised $5.1 million in its second round of Series C funding. Total Series Cfunding now stands at $30 million, and total funding secured to date is morethan $47.3 million. Ikanos will use the new capital to continue to fundresearch and development, as well as to help acquire new customers. Thecompany also announced that Joerg Sperling, managing director of RidgewoodCapital, has joined the Ikanos board of directors.Participants in the latest round of funding include new investors IntelCapital and VentureTech Alliance, LLC, an affiliate of Taiwan SemiconductorManufacturing Company (TSMC), which will be Ikanos' main technology andmanufacturing partner. Ridgewood Capital, which participated in earlierfunding rounds, increased its investment in Ikanos in this round. Otherprevious Ikanos investors include Anthelion Capital, Greylock Partners,JPMorgan Partners, Sequoia Capital, Telesoft Partners, and WaldenInternational. Ikanos Communications Inc.

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