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Routing

Pluris Shutdown Confirmed

Core router maker Pluris Inc. has shut down amid financial turmoil, several of its former employees say. The company held an "all-hands" meeting on Monday morning in a vacant building adjacent to its locked offices to break the news, sources close to the company say.

Pluris announced that it had closed a $53 million funding round in February and, at that time, boasted that it had raised some $215 million since its inception (see Pluris CEO Bolts and Washout Rains $53M on Pluris). Now, however, several close to the company say that Pluris only received about half the money it was supposed to get during its fifth funding round before investors decided to pull the plug.

Pluris executives have not returned calls seeking comment. Certain Pluris board members have agreed to talk on the record later today.

As part of its most recent financing, Pluris reworked its entire capital structure to entice investors and employees to stick around. One month later, however, Pluris CEO Joe Kennedy left the company and Pluris has been steadily thinning its ranks ever since (see Pluris Hangs On).

For a brief period, Cynthia Ringo, the former CEO of CopperCom Inc., took the top job at Pluris. All the while, though, Ringo and the company made it clear that she wasn't the permanent replacement for Kennedy.

Pluris first announced its product in the spring of 1999 but then went quiet for several months while it frantically built the product it had already hyped (see Pluris Is Back). In June 2000, then-CEO Joe Kennedy admitted that exposing itself too early was a mistake. "The programmers were still writing code when they launched the product," Kennedy told Light Reading. "Then we had nothing else to announce. We couldn't announce that our last announcement was wrong."

The company announced it had closed a funding round of $100 million in November 2000. At the time, it believed that amount to be enough to see the company through to an initial public offering (see Pluris Preparing for Its Public). In February 2002, the company reorganized its capital structure and expected to receive $53 million in new funding from its investors.

As part of its capital reorganization, Pluris sent its shareholders paperwork about two months ago, informing them that it was executing a reverse split, according to one shareholder who asked not to be identified. A reverse split occurs when a company reduces the number of outstanding shares and increases the price per share proportionately.

Pluris shareholders were taking part in a 20-to-1 reverse split, according to the shareholder. This means that for every 20 shares they owned prior to the split, they would have one share afterwards.

Adding to Pluris' financial strain were several factors, say those close to the company. For one thing, the company had fallen out of favor with Mission West Properties, a Silicon Valley landlord, over a property dispute. Mission West sued Pluris in June 2001 and the two companies later settled.

There are also unconfirmed rumors that IBM Corp. (NYSE: IBM) required a hefty upfront fee -- upwards of several million dollars -- to produce the custom chips that would power Pluris' core router products.

As if that weren't enough, carriers who typically buy core routers (well, those that have survived) are having financial worries of their own. Pluris joins core router startups such as Coree Networks and IPOptical as another casualty in an overcrowded market.

In the past few months, former employees say the company tried to sell itself to at least two competitors -- Procket Networks Inc. and Avici Systems Inc. (Nasdaq: AVCI; Frankfurt: BVC7) -- but neither were interested.

Eventually, the uncertainty of Pluris's future began to take a toll on the more than 100 employees left. "After the last round of layoffs, people had pretty much given up hope," says one former Pluris engineer. "We were just going through the motions."

— Phil Harvey, Senior Editor, Light Reading
http://www.lightreading.com
wilecoyote 12/4/2012 | 10:01:19 PM
re: Pluris Shutdown Confirmed Are getting cancelled left and right. I know of about 7 that are either DOA or getting yanked as I write this note. Serious projects with an average of around 50-100 engineers, $10-30M budgets.

So, show me one new product at CSCO including CXC that even if it does get out, anyone will buy. Oh boy! Andiamo will ship 24 months from now even though not one sales guy at CSCO can spell "storage." Lemme at 'em!

Two facts about Cisco:

1) They're becoming bottom feeders in acquisitions. Now they've let the JNPR genie out of the bottle and it's a lingering problem. There are other real genies out there but CSCO won't buy them because the price is too high and now the startups and their backers are pissed at CSCO and are preparing to sell to others just to spite CSCO. JUnisphere, Riverstone and Foundry and even a couple of startups are beating them in meaningful accounts, they are getting eaten alive at the edge of the network (even little invisible Luminous is kicking their ass in 2 or 3 deals I know of), Extreme is for real in enterprise side, etc. No wonder Nuti bailed. And yes, he bailed. He WAS NOT FIRED. AYR, Navarro, Hammerhead? Who cares? CSCO is looking fairly clueless right now, balance sheet notwithstanding. I've always said it: besides the aging Catalyst franchise, and the vulnerable GSR, they are weak in a LOT of categories.

2)The good innovative, creative VPs of Engineering like Vu Ngyyen are out building better mousetraps. Can they survive long enough to matter? I'll bet on those boxes with other labels on them like Tellabs, ALA, NEC, Fujitsu, etc. vs. standalone brand, against CSCO products any day of the week.

Wake up CSCO. Or better yet, rockabye baby.
Light-bulb 12/4/2012 | 10:01:21 PM
re: Pluris Shutdown Confirmed :) No I give you my word I do not work for an RBOC. I'm merely asking the opinion of the audience?
As to Cisco Buying Polaris it makes sense for only one reason... Well really several if you count the exec ties. Cisco is working on it next Gen Cross-Connect Probably code Named "CXC" for Cisco Cross-Connect, but it won't have VT grooming capability. Basically a Coredirector with Cisco Name. So something with Dense VT grooming makes good sense... the problem??? Does Polaris have a Real working VT grooming capability?

"Just how many licks does it take to get to the center of a Tootsie roll Tootsie pop?"

Aha, The world May never know...

Cheerio,
wilecoyote 12/4/2012 | 10:01:35 PM
re: Pluris Shutdown Confirmed Well, light-bulb clearly makes sense. Carriers are more likely to make bets on private, small companies in edge type applications, access as an example, MAYBE edge routing. But when's the last time a large cross connect was deployed in a real carrier's network (not CLEC) that was built by a startup?

I personally believe Polaris has a fairly strong proposition but most likely as part of a larger company. CSCO will buy them is my prediction.
52616 12/4/2012 | 10:01:36 PM
re: Pluris Shutdown Confirmed Light-bulb,

You must work for one of the incumbents. If you don't, you sure sound like you do.
Light-bulb 12/4/2012 | 10:01:41 PM
re: Pluris Shutdown Confirmed Very Valid JB. You have to have an alternate source. Make sure you don't have a Drive-by looting! Yes we've all seen it happen. Very valid point.
My question to the audience still... "Would you want a Startup, a box with zippo live traffic on it, that scales to 200k VT grooming sitting in the Core of your network? Would you be willing to be the first FOA for it??"

cheerio,
kampar 12/4/2012 | 10:01:44 PM
re: Pluris Shutdown Confirmed
>I never liked those French... (Just kidding-well no not really)

lol. i seem to remember that a certain french company acquired certain digital cross-connect technology and products from a very american source - somewhere around june 1998 for $4Bn or so - namely DSC out of texas ...... but I guess we could blame the french anyway!
mrcasual 12/4/2012 | 10:01:46 PM
re: Pluris Shutdown Confirmed For those that want some interesting reading go to the following link:

http://www.fcc.gov/Bureaus/Eng...

Amazing to read some of these and watch the carrier try to explain the outages. Even funnier are the "How can this be prevented" sections.

If I remember correctly less than 10% (?)of all network failures are truly related to the box (H/W or S/W) failing. Usually there is some form of operator error involved.

Now, if the user interface is stupid, you could argue that the number of operator errors would be higher but I don't think they track that yet.
jamesbond 12/4/2012 | 10:01:46 PM
re: Pluris Shutdown Confirmed Why would I want to repeat the last 10 years with some new company and go through the same pains when I can choose my vendor have them acquire or develop technology, support that technology and help me implement?

-------------------------------

At some point these vendors start looting
if they think customer isn't going to buy
from anybody else. no?
Light-bulb 12/4/2012 | 10:01:48 PM
re: Pluris Shutdown Confirmed Yes, you are right we can do more than imagine. Good research On Bell Atlantic. Yes that was some outage good god 28 hours! 6,000,000 blocked calls. It was huge.
I never liked those French... (Just kidding-well no not really)

Actually my point is made even clearer I hope. Carriers and their leading vendors have become partners in their network. They have experienced things together they have shared the pains of Growth, outages etc. Yes, Every Vendor even incumbents will have outages. My point though is how those vendors then respond and work the problem to get the network functional. Why would I want to repeat the last 10 years with some new company and go through the same pains when I can choose my vendor have them acquire or develop technology, support that technology and help me implement?

Thanks for the info LGGS Great research there.

Cheerio,
LightGaugeGuitarString 12/4/2012 | 10:01:53 PM
re: Pluris Shutdown Confirmed Lightbulb said: "Can you imagine dropping 128 OC-48s??"

LightBulb, we can do more than imagine...

Flashback, November 23, 1999...

4K+ DS3s, POOF!

And this DCS vendor was not a startup

http://www.fcc.gov/Bureaus/Eng...

LGGS
Light-bulb 12/4/2012 | 10:01:53 PM
re: Pluris Shutdown Confirmed Hmm... The problem here is this... AT&T wants what is not possible. Let me explain.
First off DCS technology was stagnant for a number of years. (Think 12 Years) Physical copper interfaces are the damn problem, both for the carrier and for the Vendor. AT&T wants a box that can scale to 100k VTs alright but... it wants it in any interface format. See the problem? If a vendor could solve it with ONLY @OC48 and above its doable, if he/she has to drop physical DS1s?????? Now we are right back into the same DCS problems - Lots of footprint. They Huff & Puff when you tell them you can bring in 2000 cables in one rack. They complain of spacer limitations, Cable Rack Ladder limits etc. Real issues.
As far as saying Tellabs branded Ocular for small DCS applications who knows. I certainly don't know the development going on there but I certainly have faith in Tellabs for a DCS, or NG-DCS. Turin???? Polaris???? Who are they? Do you honestly want (SERIOUS QUESTION) Do you honestly want %80+ of your network traffic running on some Startup box?? Hello? Can you say no? How about hell no... We are talking about the absolute Core of the network. I don't know maybe I'm biased towards staying with a proven player. With Damn good insurance.
InLight you use 100k VT pretty easily its actually a pretty small DCS config, For futures. I think Tellabs has a 3072 STS equiv now? Your only talking about 500 or so larger. Everything I hear points to AT&T looking at 6144 STS equiv and Higher. Thats a lot of Traffic guys, can you imagine if the new platform failed? Can you imagine dropping 128 OC-48s??
I'm just asking the audience this question... Would you want your entire network residing on a Startup? Even if it did save you space and power and footprint? Even Some Cost? From one outage What would it cost a carrier to lose ALL OF 128 OC-48s?

Something to ponder,

Cheerio,
inlight 12/4/2012 | 10:01:56 PM
re: Pluris Shutdown Confirmed AT&T wants to create competion in DCS area to its advantage. Tellabs boght Ocular for their DCS capability, but TLAB declared that ocular product is only for small capacity DCS applications. Polaris, Turin and couple more players are also in the fray. Cisco as of now does not have high density VT switch fabric, so I think they may not be in the fray.

What ATAT is looking for is a cheaper DCS occupying less space than TLABS gigantic DCS and costing much less.

Whether Polaris and others can meet the challenge of making small, in-expensive DCS system with 100,000 VT switch fabric remains to be seen.

IL
Light-bulb 12/4/2012 | 10:01:56 PM
re: Pluris Shutdown Confirmed Hmm... While it may be Illegal for you to comment perhaps I can take a whack...

1.) Follow Ocular Networks NG-DCS lead. (VT-level Granularity - A True Wideband DCS)
2.) Develop a Product with Wideband/Broadband Capability
3.) Integrate a G.MPLS baseline for OAMP
4.) Sell company to Cisco

I can only think back about a year or so ago and remember the Vagueness of Polaris's Story... they had none. The DCS space has only been Sexy after Ocular actually Sold. While your right about the Team they are reasonably Solid. (Perhaps Cisco can swoop in and buy them after awile)
Single Software Switching Fabric? Right. So basically its a packet/cell switch core? Offering multiple level of CoS through the Switch Fabric etc... Yadda yadda Yadda. In my opinion Polaris isn't leading anything. In this world you are either two things... A leader, or a Follower. They did not carve out a Niche they are following a Market Leader I.E. Tellabs in the DCS space. A company that had the vision to acquire a company that had real product and true NG-DCS capability. Did I mention that it Worked! Polaris is heading down that road and Believe me I wish them the best however they missed the boat and now the Ocular Development crew has the best thing any startup could ever ask for... An installed BASE!
I hope that Polaris can sell this Wowzy Zowzy technology, I hope that the Carriers buy it up and deploy like mad... Maybe Just Maybe 1999 can return... Until then... I have very little faith in Polaris. Especially after hearing they parterned with CAC! If they had such a great Wideband story, why would they need CAC? If they had VT granularity across the board why would they need to physically break out with a CAC? Something to think about.

Cheerio,
wilecoyote 12/4/2012 | 10:01:56 PM
re: Pluris Shutdown Confirmed ATT will not save the company, will not make the company. They have some other irons in the fire...ATT will only buy from them if they have a major OEM partnership.

Dunno if Tellabs is working with these guys but I hear Tellabs is on the hunt for more startups to partner with, vs buy...
wilecoyote 12/4/2012 | 10:01:57 PM
re: Pluris Shutdown Confirmed Can't tell you...illegal for me to comment here.

Here's some evidence:

1) Solid investors
2) More money in the bank than 95% of the other players in the business
3) Team is very solid
4) I think GMPLS is for real

jamesbond 12/4/2012 | 10:01:58 PM
re: Pluris Shutdown Confirmed So, JB, I'm going to give you the benefit of the doubt: honest mistake. Please be careful about incendiary headlines in your posts. Pluris is the ridiculously stupid, over funded venture that is now out

-----------------

Sorry. Field operatives screwed up and so did
I. What are they making anyways? why do you
think they are hot?
wilecoyote 12/4/2012 | 10:01:59 PM
re: Pluris Shutdown Confirmed So, JB, I'm going to give you the benefit of the doubt: honest mistake. Please be careful about incendiary headlines in your posts. Pluris is the ridiculously stupid, over funded venture that is now out of business. Polaris is actually fairly promising.
WC
_____ 12/4/2012 | 10:01:59 PM
re: Pluris Shutdown Confirmed WC- you state they are "fairly promissing" - I hope you are right BUT my gut tells me that if they do not land ATT then it may be lights out not too long from now.

Tough market- even worse for a big iron company without a track record and no sales to date.

Just hope they are one of the survivors.
jamesbond 12/4/2012 | 10:02:03 PM
re: Pluris Shutdown Confirmed There's no way this company is shut down...They raised $52M in March and their investors are very bullish even now. Hot team, hot box, I'm skeptical that they have shut down.

-----------------------

I called up my source. He is not sure if what
he heard was Polaris or Pluris. Sorry!!!!!!!!
wilecoyote 12/4/2012 | 10:02:03 PM
re: Pluris Shutdown Confirmed There's no way this company is shut down...They raised $52M in March and their investors are very bullish even now. Hot team, hot box, I'm skeptical that they have shut down.
jamesbond 12/4/2012 | 10:02:03 PM
re: Pluris Shutdown Confirmed WoW- that's a mighty feat seeing that Sprout did not even have a seat on the board and to my knowledge, Sprout never gave Polaris a penny.

Are you sure you have the facts right on this one?

Not second guessing you but it sounds a bit far fetched given the info you listed.
---------------------------------

Sorry I meant ATV.
jamesbond 12/4/2012 | 10:02:05 PM
re: Pluris Shutdown Confirmed just heard from a friend that they closed
shop today. VC (Sprout group) pulled the
plug. Apparently Sprout is doing this to most
of the startups they funded.
_____ 12/4/2012 | 10:02:05 PM
re: Pluris Shutdown Confirmed WoW- that's a mighty feat seeing that Sprout did not even have a seat on the board and to my knowledge, Sprout never gave Polaris a penny.

Are you sure you have the facts right on this one?

Not second guessing you but it sounds a bit far fetched given the info you listed.
danyelc 12/4/2012 | 10:02:45 PM
re: Pluris Shutdown Confirmed We have clients looking for hardware and software engineers, and Pluris employees have the right background!
We just had a client hire one exPluris engineer, and another is at the final stages.
If you are interested in hearing about the opportunities, please call me at (408) 467-0200, or email me at [email protected]
Ask for Danielle Cleveland.
optodunce 12/4/2012 | 10:05:08 PM
re: Pluris Shutdown Confirmed Why are you surprised that VC's would throw a pile of money at Pluris...they ahve a heard mentality...they heard they could make money on a company at the spouse's tea party and put down the cash!!! Stupid and dangerous!
absolute_anarchy 12/4/2012 | 10:07:30 PM
re: Pluris Shutdown Confirmed So, I guess this is why I didn't receive a call 10:00 am monday. It also explains why HR hasn't returned my calls. Oh well, I knew I would only get 3 months there, tops.
xoip 12/4/2012 | 10:07:31 PM
re: Pluris Shutdown Confirmed can somebody elaborate on the failures observed during trials - a post mortem will be great. was it bad software, bad hardware or surprises.
XoIP
fishbone 12/4/2012 | 10:07:31 PM
re: Pluris Shutdown Confirmed I agree when you talk about Joe being a great CEO
but can you explain why such a great CEO would choose to run a company staffed with only "NICE" engineers? Joe must have been a genius to convince VC's to dump millions of money into a really "NICE" company. How would you know how many offers were rejected by potential candidates unless you were a part of this "nice" but untalented group of people?
lob 12/4/2012 | 10:07:34 PM
re: Pluris Shutdown Confirmed skeptic -

I think flexibility never hurts if it doesn't cost arm and leg :) Existing routers are too rigid in what they can do, and being able to change forwarding path with software upgrades is rather attractive (Pluris marketing was heavy on long useful life of the boxes, so that'd fit). Heat dissipation would be a killer, though; but you cannot beat simplicity/TTM of software routing.

You are, of course, right regarding the art of the design.
skeptic 12/4/2012 | 10:07:37 PM
re: Pluris Shutdown Confirmed By the way, I think his insistence on doing things in software had serious reasons, as he was talking about having backbone routers to do more intelligent things like transparent content cacheing instead of multicasting, and some other stuff I didn't really understand ("liquid routing" as an alternative to MPLS and TE in general, something about proactive flow control, etc).
-----------------

The problem is that those serious reasons he had,
while they have merit as ideas, were/are
considerably in front of what real customers
were looking for. There is a careful balance
in any startup between innovation and getting
the product done. And if you let things that
don't exist (liquid routing, content caching
in the core) drive the design, you can easily
make the wrong design decisions.

I do think that innovation is a wonderful thing
and that designers should push the envelope
in new products, but the art is in picking
the right number and type of innovations.

inlight 12/4/2012 | 10:07:38 PM
re: Pluris Shutdown Confirmed Marmaduke,

Wow! That's wonderful! you do whatever you want in your org! P........lease let us know about your company, may be we want to join it ... may be NOT!

IL
netchap 12/4/2012 | 10:07:39 PM
re: Pluris Shutdown Confirmed Isn't Procket going to be a resounding success
story?

ExPlurisEmployee 12/4/2012 | 10:07:39 PM
re: Pluris Shutdown Confirmed Dear fabric,

your post only shows that you either never worked with Mr. Antonov, or were on the receiving end of his "go away you idiot". I bet my employee # is smaller than yours :-)

First of all, most people think that the early Pluris box somehow was intended for production. In fact, it was a proof-of-concept prototype for experiments and for software development (and for convincing carrier people that all performance claims for this technology were real). Its design was brutally simple and efficient: Pentium-based routing engines (which were shown to handle 120kpps, about the same as then-biggest Cisco box, 7000 with SSE) and mixed optical/electical 256Gbps fabric (using 1Gbps links). It had two custom PCBs (the fabric card and the backplane), had one (one!) kind of FPGA in it, and no custom silicon whatsoever (compare that to a Cisco box). If it were somehow productized it could undercut 7000 1:3 cost/performance wise. The choice of butterfly switch was dictated solely by its simplicity. If you can call that kind of design "incompetent", we have different definitions of what competence is.

The fully-functional prototype software was demonstrated (including all routing protocols, distributed routing, CLI, SNMP, and some hot-swap support). The hardware was fucked, mostly courtesy of the former Director of Hardware, George S., who managed not only to choose FPGA barely big enough to fit a PCI core, leaving no space for the actual logic), but also had "final" PCBs made when it was clear that they'll have to be reworked. He was eventually fired, but the time was lost. That was subsequently used against Mr. Antonov, whose strong (or even arrogant) opinions and complete disrespect to corporate politcs made him less than popular with other managers.

I participated in some of the "production box" design meetings; I remember he was strongly against extensive use of custom silicon (long cycles and supply problems as Pluris later run into with IBM), or going directly after 10Gbps. (In retrospect, I think he was right because with IP bonding the speed of trunk interfaces doesn't matter much and price/performance-wise OC-24c transport is still better than OC-48c since it is significantly more tolerant to various kinds of dispersion. That OC-24c routing can be done in off-the-shelf CPU was demonstrated by BBN folks in 95). The choice of VRTX (in place of the original FreeBSD) was also a serious mistake. If I remember correctly, Mr. Antonov was ousted when the production design was still in the early discussion stage.

Considering the claim that he invented most of the Pluris technology, I would like to ask you to provide examples of significant differences between his concept and the final device. Note that the oft-quoted difference between butterfly and the later fabric design is irrelevant; butterfly is simply a way to implement a hypercubic network. The use of hardware routing was by that time an industry standard practice, so the later Pluris folks cannot claim they invented that feature. Note that I was talking about inventions, not about implementation or detailed design.

Mr. Antonov pioneered use of serial communications (and optics) in fabric, virtual routers, IP bonding, and parallel routers in general. I think you can still find on the Web his original papers (which, by the way, remain the only concise and ungarbled explanation of the rationale behind Pluris design), and check the USPTO database. By the way, I think his insistence on doing things in software had serious reasons, as he was talking about having backbone routers to do more intelligent things like transparent content cacheing instead of multicasting, and some other stuff I didn't really understand ("liquid routing" as an alternative to MPLS and TE in general, something about proactive flow control, etc). As far as I know, he's not in telecom anymore.

To put the record straight, if you want to call him incompetent, I would agree that he was a very inexperienced manager, and didn't have a good CEO to back him. I think his fault was that he completely mismanaged relations with V.C. and allowed politicos to take over.
Marmaduke 12/4/2012 | 10:07:47 PM
re: Pluris Shutdown Confirmed How long where you there ? Assuming you're not an idiot, why did you stay there if you knew that "The Engineering is managed by idiots. Idiot bring idiots, idiots promote idiots", etc... ? And if it took you years to find out, then maybe my assumption is wrong.

Every company (startup or not) is weak in executing plans and managing things because everyone pushes itself to it's limits (specially startups); no one settles for simple plans... because these can't be financed!

I'm always surprized how much failure is always someone elses fault... "IF" it's the case, and assuming you are not an idiot and assuming you learn from your mistakes, then you will avoid similar situations in the future and find a Utopian Company.

When you do, let the others know... I'm sure many people feel that the company plan or management isn't as good as they would like.

As for myself, I stopped looking for Utopia a while back... I'm the best person to make my environment better; I can't wait for the others to do that. I run much more on what I can bring to the table for a given set of cards than on the limits imposed by others.

Marm
Outsider 12/4/2012 | 10:07:49 PM
re: Pluris Shutdown Confirmed Any startup or even public company who is looking for an CEO should contact Joe. The fact that he was able to receive round after round of major funding for a company that never really had a chance of competing against either Cisco of Juniper, even Avici too is absolutely amazing.

Also lets be honest, even though Pluris had some very nice engineers they were not the most talented ones in the Silicon Valley. Over the years the best ones went to other startup companies. Maybe these engineers saw the writing on the wall during their interviews, but Pluris had a very high number of offers rejected by potential candidates.

Joe whatever company you are a part of next, I want to be there.


Outsider
cyclical 12/4/2012 | 10:07:49 PM
re: Pluris Shutdown Confirmed First of all Pluris is a JUNK company in executing plans. Always slip in plans and never convinced any body they have a good product.
The Engineering is managed by idiots. Idiot bring idiots, idiots promote idiots. so on..

Any body can believe how bad their product is by not selling their IP yet.
It's shame on the company by taking all retirement money from mutual funds. All the top should be tried before court under Bush's new plan.
bear 12/4/2012 | 10:07:53 PM
re: Pluris Shutdown Confirmed Pluris is a sad story but it really isn't unique. Honestly, where is the market for this breakthrough technology and who on god's green earth is in a position to buy it? Verizon? SBC? These ILECs are cautiously making 5 year plans and I haven't seen any new players on these lists. Capital expenses are on a shoe string budget. Even when the market does turn back up (and it will), carriers will be slow to rip out installed gear and replace it with next-generation, light shaping technology. The dog will need to wag the tail, not the other way around. This I believe will be the fundamental difference between business three years ago and business for the next five years. It makes you wonder if new firms like Infinera will wither away. Great stuff and plenty of interest but no serious volume buyers.
skeptic 12/4/2012 | 10:07:54 PM
re: Pluris Shutdown Confirmed Anyone has an idea on Chiaro's future?

I think the description matches line by line:

3~4 yrs of continuous funding,
----------------

Chiaro is in the same generation of startups as
Hyperchip/Caspian/Procket. None of these
companies are in real trials yet to my knowledge.
They appear to have started building a router
in 2000. The companys pre-2000 history appears
to involve (like hyperchip) doing switching
components.

And until they start showing up in real trials,
its hard to judge them. They are out talking
to people about trials, but until there is a
report of someone seeing actual equipment in
a lab, they are no more real than the others.

VoidMpls 12/4/2012 | 10:07:54 PM
re: Pluris Shutdown Confirmed i think they've on trial....

Most of the current core startup differentiate themself by several aspects:

fault tolerence (linecard,cc,fc),etc
backplane speed &
multichassis

VoidMpls 12/4/2012 | 10:07:55 PM
re: Pluris Shutdown Confirmed Agreed, i think you're outsider so u dont know the latest product of pluris. Mr. Vadim has got nothing to do with it.

But in some point you're right, if they have more smarter management...i think they'll make it or at least survive 'til 04. The thing is, marketing is very suck as well. Especially if they dont know what's the difference between L2VPN and GMPLS

:)
fabric 12/4/2012 | 10:07:58 PM
re: Pluris Shutdown Confirmed If you think Mr Vadim Antonov invented most of Pluris's technology you must be kidding. The guy was completely incompetent in the first place.
ExPlurisEmployee 12/4/2012 | 10:07:59 PM
re: Pluris Shutdown Confirmed > Pluris had some very good points.
>
> Among them:
>
> Fiber-Optic chassis backplane for easier
> upgrades.
>
> Protocols that survived RP swaps.
>
> Flexible link bonding of POS.
> (even of unequal capacities)

Pluris was pretty much doomed after V.C. forced
the russian guy who invented most of the Pluris technology (Mr. Vadim Antonov) out when he chose to stand up to protect engineers against managerial BS. Half of the engineering team promptly left after that, delaying the development (particularly software) by 1-2 years and ultimately causing the company to miss the window of opportunity.

The later developments at Pluris (inept executives, bloated staff, marketing pushing non-existing boxes, lack of technical direction, hardware heavily dependent on exotic custom parts) should've given any competent investor a pause. What is really amazing is that V.C. kept throwing enormous money at it, apparently without bothering to learn what was really going on.
hikari 12/4/2012 | 10:08:00 PM
re: Pluris Shutdown Confirmed Anyone has an idea on Chiaro's future?

I think the description matches line by line:

3~4 yrs of continuous funding,
extreme stealthiness,
core router business,
etc.
cajoel 12/4/2012 | 10:08:01 PM
re: Pluris Shutdown Confirmed Pluris had some very good points.

Among them:

Fiber-Optic chassis backplane for easier
upgrades.

Protocols that survived RP swaps.

Flexible link bonding of POS.
(even of unequal capacities)


It's unfortunate that this company won't be around to keep the status-quo on their toes.

Hopefully their IP will sell off to someone who can leverage it well.

xoip 12/4/2012 | 10:08:04 PM
re: Pluris Shutdown Confirmed It appears that their sw enggs have found jobs - here in the bay with .......
XoIP
skeptic 12/4/2012 | 10:08:08 PM
re: Pluris Shutdown Confirmed Pluris joins core router startups such as Coree Networks and IPOptical as another casualty in an overcrowded market.
-----------------

- I would not consider Coree networks to have
been an core router.

- IPoptical was a core router company, but very
weak in terms of funding and other aspects.
The market didn't bring them down so much as
other things did.

Ironbridge is a better example of what your
looking for.
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