Start-ups

Sourcefire, a start-up based in Columbia, Maryland, secured $20 million in late-stage funding for its popular "Snort" network intrusion prevention. The company's network defense system unifies intrusion and vulnerability management...

Navio, a start-up based in Cupertino, California, released version 2.0 of its "Rights over IP" (RoIP) platform for content distribution. The Navio AV Commerce 2.0 platform enables content owners to...

Modulus Video, a supplier of MPEG-4 AVC video encoding systems based in Sunnyvale, California, announced two executive appointments: Mark Magee as vice president of technology and chief architect; and Steve...

Axiom Systems, which develops carrier-grade service fulfillment software, named Brian Naughton to lead the company's global product strategy initiatives as VP of Architecture and Strategy. Naughton joins Axiom Systems from...

Packeteer, a supplier of WAN Application Optimization solutions, agreed to acquire privately-held Tacit Networks for for approximately $78 million in cash, plus the assumption of vested and unvested Tacit stock...

Meru Networks, a start-up based in Sunnyvale, California, raised $25 million in fourth round of funding for its enterprise wireless LAN solutions. The company said that over the past 12...

Tokyo Electron Limited (TEL), a supplier of semiconductor and FPD production equipment, had formed a new subsidiary to make strategic seed and early stage investments focusing on promising technological innovations....

Nakina Systems, a start-up developing multi-vendor security and element management solutions for network operators, announced that Marco Pagani, former President of Nortel Networks' Metro Optical and Optical Ethernet divisions, has...

Intel has made an investment in Zensys, a start-up based in Menlo Park, California that is developing mesh networking technology for wireless home control and automation. Financial terms were not...

NeuStar agreed to acquire UltraDNS of Reston, Virginia, for $61.8 million in cash. UltraDNS provides managed domain name systems (DNS) services. Based on unaudited financial statements, UltraDNS' 2005 revenue totaled...

Widevine Technologies, a provider of downloadable content protection and digital forensics solutions, announced strategic investments by Cisco Systems and TELUS. The Series C strategic round, worth a total of $16...

Nanochip, a start-up based in Fremont, California, has secured $10 million of a $15 million Series C financing round for its development of micro-electro-mechanical systems (MEMS) silicon data storage chips...

Force10 Networks has appointed former Nortel CEO Bill Owens to its board of directors. Mr. Owens brings an extensive record of accomplishment to Force10, including several executive leadership positions in...