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Home » NewStep Raises $7 Million for FMC

NewStep Raises $7 Million for FMC

October 22, 2006
in Start-ups
A A

NewStep Networks, a spin-out from Bell Canada, has raised $7M as part of its Series B round of financing for its fixed-mobile convergence platform.

NewStep’s technology operates at the signaling layer, facilitating standards-based integration with legacy TDM/SS7 networks, IP/SIP networks and enterprise communication software and IP PBX implementations. The solution enables carriers to establish and retain control of calls across IP and TDM, wireless and wireline, service provider and enterprise networks. NewStep’s platforms enable subscribers to have a single number, single voicemail, simultaneous ringing across multiple phones, and other features like corporate extension dialing, from existing mobile phones.

The company said it will use the funds to expand its sales and support capabilities, and to develop new technologies that will continuously improve the customer experience with fixed-mobile convergence services. NewStep has active deployments and trials currently underway throughout the world with Tier 1 carriers.

http://www.newstep.com

  • Earlier this month, unveiled its CSN30 fixed-mobile convergence platform for enterprises and small carrier environments with up to 30,000 subscribers. The company already offers an FMC platform for larger deployments. Both platforms converge services across diverse networks to enable subscribers to have a single number, single voicemail, simultaneous ringing across multiple phones, and other features like corporate extension dialing, from existing mobile phones.

    The CSN30 offers fixed-mobile convergence with capacity for up to 30,000 subscribers and targeted at enterprises with a large number of mobile workers, and also for smaller network operators that require scalable solutions.

    In addition to VCC compliant dual-mode seamless handoff support, the CSN30 provides features such as One Button Transfer, Single Number Service, Automatic Reconnect, Single Voicemail and Voicemail Intercept. The CSN30 delivers PBX extension services, so that employee mobile phones appear like extensions of the company PBX. The CSN30 also offers Optimal Call Routing, which helps enterprises and network operators save on long distance, transfer and roaming charges.

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