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Pedestal Secures $20 Million for Line Powered DSLAMs

Pedestal Networks, a start-up based in Fremont, California, raised $20 million in Series C funding for its line-powered DSLAMs. Pedestal Networks’ platform combines patent-pending power technology, automated provisioning, and an environmentally hardened and waterproof enclosures that enable a remote DSLAM to be deployed anywhere in a carrier’s outside plant, including underground, underwater, in a buried hand-hole, mounted on poles, inside pedestals or crossboxes, or in any similar unconditioned enclosure in the field.

Pedestal Networks has raised $34 million to date. The up-round was co-led by new investor Duff Ackerman & Goodrich LLC (DAG LLC) as well as all existing investors, including Benchmark, Doll Capital Management, and Skymoon Ventures. http://www.pedestalnetworks.com

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