Aura Networks to Deliver Last Mile Optical Ethernet Solutions to Service Providers; Receives $16M in Funding to Drive New Strategy.Business/Technology Editors NASHUA, N.H.--(BUSINESS WIRE)--Oct. 30, 2000 Aura Networks, Inc. announced today a major strategic initiative to deliver superior, metro access optical Ethernet solutions to service providers. Aura also announced that it has received $16 million in growth funding from Sierra Ventures to support this initiative. Sierra is a private, venture capital firm based in California, focusing on pre-public communications, software and Internet infrastructure companies. Leveraging its 10-plus years in the electrical-to-optical connectivity market, Aura Networks is harnessing the combined power of Ethernet and fiber optics fiber optics, transmission of digitized messages or information by light pulses along hair-thin glass fibers. Each fiber is surrounded by a cladding having a high index of refractance so that the light is internally reflected and travels the length of the fiber technology to deliver a highly affordable, reliable and manageable metro access provisioning solution for linking service providers to the customer premise. This advanced technology, called Stealth IP(TM), results in a future-proof family of products providing instant service provisioning, remote test capability, flexible bandwidth management Controlling the traffic flow in a network. See bandwidth manager. and unrivalled performance for the "last mile" metro access. "Traffic in the public network is growing dramatically each year, causing increasingly unacceptable network performance, particularly in the last mile," said Alex Saunders, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Aura Networks. "Aura's approach recognizes the need for a more efficient network infrastructure to resolve major bottlenecks in the metro area This article is about the music production team. For the article about population centers, see metropolitan area. Metro Area are a Brooklyn-based dance music production team composed of Morgan Geist and Darshan Jesrani. . Our innovative technologies allow service providers to alleviate this problem with minimal capital outlay capital outlay See capital expenditure. and low cost of ownership, while fully deploying their fiber infrastructure to deliver superior services to their customers." Aura Networks will complete beta testing (programming) beta testing - Testing a pre-release (potentially unreliable) version of a piece of software by making it available to selected users. This term derives from early 1960s terminology for product cycle checkpoints, first used at IBM but later standard throughout the prior to the end of 2000 and prepare to ship production units in the first quarter of 2001. Based in Nashua, NH, Aura Networks continues to offer superior conversion solutions to its enterprise customer base through its Lancast(R) product line. About Aura Networks Aura Networks is an innovative next generation optical networking Communications between computers, telephones and other electronic devices using light. An optical network is far more reliable and has far greater potential transmission capacity than networking in the electrical domain. See optical fiber. company focused on delivering optical access platforms that greatly simplify the service providers provisioning task. Aura Networks is the first to harness the power of Ethernet and fiber optics to deliver economically superior network edge access and last mile connectivity solutions in the Metro area. Based in Nashua, NH, Aura Networks is an ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001 registered company and distributes its products in over 40 countries worldwide. More information on Aura Networks can be found at http://www.auranetinc.com. |
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