Start-ups

T-Systems Venture Fund has invested in LiteScape Technologies, a developer of Unified Communications applications. LiteScape's flagship product, OnCast, provides voice, conferencing, broadcasting, collaboration capabilities between IP phones, PCs and mobile...

Intune Networks, a start-up based in Dublin, Ireland, raised US$17.75 million. The company designs, develops and manufactures networking equipment for the global telecommunications industry. Intune has been shipping products based...

Hammerhead Systems secured $18 million Series D round of funding for its traffic aggregation and switching platform. Hammerhead said its HSX 6000 answers the need for traffic aggregation in a...

BridgeWave Communications, a start-up based in Santa Clara, California, has secured $7.8 million in Series 3 financing for it broadband wireless solutions. BridgeWave supplies Gigabit capacity radio for the 60...

Bay Microsystems has raised $16 million in new venture funding. The company plans to use the funding for enhancing operations and continuing its global expansion. Bay Microsystems reported strong demand...

Nokia has acquired Twango, a start-up based in Redmond, Washington, that offers a free, media-sharing service for photos, video, audio, Microsoft Office documents and PDFs. Twango is based in Redmond,...

Plato Networks, a start-up based in Santa Clara, California, raised $20 million in second round funding to accelerate development of its ultra low-power 10Gbps Ethernet products. The funding round was...

Hifn has acquired Siafu Software, a developer of secure storage solutions for the Small and Medium-sized Enterprise (SME) market, for an undisclosed sum. Siafu's products include Siafu Swarm IP SAN...

Ubiquisys, a start-up based in Swindon, England, raised US$25 million in Series B funding. The company's first round investors, including Accel Partners, Atlas Venture and Advent Venture Partners, were joined...

Dell announced plans to acquire privately-held SilverBack Technologies, Inc., a service delivery platform provider for remote monitoring and management of information technology infrastructure such as servers, storage, networks, desktops and...

BroadSoft has raised $10 million in mezzanine equity financing from Meritech Capital Partners for its VoIP application software. This funding round brings BroadSoft's total venture capital investments to date to...

Obopay, a start-up based in Redwood City, California, raised $29 million in third round funding for its payments-by-mobile service. Obopay delivers instant payment solutions that allow consumers, merchants, banks and...

Kodiak Networks, a supplier of service intelligence platforms for mobile operators, named John Vice as its new president and CEO. Vice is a former Nortel senior executive and Geyser Networks,...