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Pannaway Technologies Launches Personal Branch Gateway, Raises $7M

Pannaway Technologies announced availability of its PBG Personal Branch Gateway, an on-premise device that integrates a router, an Internet modem, and firewall together with Voice over IP services, enabling guaranteed voice, video, and data services simultaneously over a single connection. The system is designed for residential and SOHO environments and offers:

PBG is the first product in Pannaway’s Service Convergence Network (SCN) platform, which offers service providers a suite of carrier-class products for end-to-end broadband converged voice, data, and broadcast-quality video. Using the SCN platform, ILECs, and CLECs can offer broadcast video, online gaming, and video-on-demand services over an xDSL infrastructure. Cable TV operators can use the platform to offer voice and advanced data services to customers without deploying Class 5 switch resources. Pannaway says that its systems have been in field trials for several months.

Pannaway’ also announced the closing of a $7 million second round of funding from a private investment group led by Robert Levine, founder of Cabletron. The company has now raised a total of $12 million.
http://www.pannaway.com

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