Xeround Systems, a start-up based in Tel Aviv, raised $6.5 million in venture funding for its scalable signaling solutions for VoIP and next generation IP services. Xeround said it addresses the service consistency issues that emerge from transitioning away from SS7 and into carrier class IP Signaling. Xeround helps align the multiple layers of RADIUS/DIAMETER, HSS and SIP Signaling vertically, as well as multiple data centers and session borders horizontally.
Investors include Benchmark Capital and Giza Venture Capital. http://www.xeround.com
- Xeround Systems was founded by Sharon Barkai, who previously was the founder and CEO of Sheer Networks, and Dr. Gilad Zlotkin, who previously was Director of Engineering at Cisco Systems, where he managed the QPM (QoS Policy Management) division.