Avail Networks Secures Additional Equity Financing.Business/High Tech Editors ANN ARBOR Ann Arbor, city (1990 pop. 109,592), seat of Washtenaw co., S Mich., on the Huron River; inc. 1851. It is a research and educational center, with a large number of government and industrial research and development firms, many in high-technology fields such as , Mich.--(BUSINESS WIRE)--Jan. 8, 2001 Leading Venture Capital and Strategic Investors Fuel Avail's Momentum in Key Broadband Multi-Service Access Markets; Total Equity Funding Equity funding An investment consisting of a life insurance policy and a mutual fund. The insurance policy is paid by the collateral value of fund shares, giving the investor the advantages of insurance protection with the growth potential of a mutual fund. Exceeds $26 Million from U.S. and Overseas Investors Avail Networks(TM) today announced that it has raised over $26 million in private equity financing Equity Financing The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation. . EDF (algorithm) EDF - earliest deadline first. Ventures and Blueprint Ventures led the recently closed $15 million Series B round. Significant additional investment has come from Blue Chip Venture Company, NTT NTT Nippon Telegraph and Telephone Corporation NTT New Technology Telescope NTT National Technology Transfer, Inc NTT Name That Tune (TV game show) NTT National Tree Trust NTT Number Theoretic Transform Leasing Capital, Cabletron Systems, Soliton A laser pulse that retains its shape in a fiber over long distances. By generating the pulse at a certain frequency and at a certain power level, the pulse takes advantage of competing dispersion effects. As it travels, the pulse is lengthened and then shortened back to its original size. Systems, Global Alliance, C.E. Unterberg Towbin, Accton Technology Corporation, and the Wolverine Venture Fund Wolverine Venture Fund is a student run venture capital at the University of Michigan. Founded in 1997, WVF is the first and largest student run VC in the United States of America. WVF invests in early stage technology oriented companies. . "We are thrilled to have significant backing from such an outstanding group of investors," said David Hartmann, 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 Avail Networks. "The funding provided by these investors, along with their collective strategic and operating expertise, will allow us to aggressively pursue our corporate objectives." Avail will use the proceeds of the recent Series B investment to continue development of its Frontera(TM) line of multi-service access products, increase its worldwide sales and marketing initiatives, and support business development and ongoing operations of the company. "Avail has all the ingredients we look for in a great venture investment," noted Jim Adox, Principal at EDF Ventures and new Avail Board member. "They possess a motivated and proven management team, an enormous market opportunity, leading-edge technology and products, and a strategic mix of value-add investors. We are extremely pleased to be contributing to the success of a local Ann Arbor firm that has such outstanding domestic and international potential." "Avail is a natural addition to our ecosystem of investments in the broadband infrastructure space," said Christopher Kersey kersey coarse, narrow cloth used for leg bandages in horses. , General Partner of Blueprint Ventures and new Avail Board member. "Avail's solutions give service providers new opportunities to derive profitable revenue streams from emerging services such as Voice over DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary , Video over DSL, and advanced data services. We are excited to welcome Avail to the Blueprint portfolio and are looking forward to working with Avail's world-class team in this very dynamic market." "Communications Service Providers are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. ways to increase market share, customer loyalty and profitability," said Tim Schigel, Director at Blue Chip Venture Company. "Avail's multi-service products are exactly what service providers need to competitively deliver reliable service." Avail's flagship products - the Frontera(TM) Integrated Concentration Devices (ICDs) - combine key features of compact DSLAMs, IADs, and ATM switches, and are purpose-built for deployment by Integrated Communications Providers (ICPs) serving clusters of broadband access subscribers in commercial multi-tenant units (MTUs), multi-dwelling units (MDUs), and campus-style or office park environments. In a typical MTU (1) (Maximum Transmission Unit, Maximum Transfer Unit) The largest frame size that can be transmitted over the network. For example, an Ethernet MTU is 1,500 bytes. Messages longer than the MTU must be divided into smaller frames. deployment, ICPs can connect both subscriber (tenant) DSL and traditional telephony equipment to the ICD ICD International Classification of Diseases (of the World Health Organization); intrauterine contraceptive device. ICD abbr. via in-building copper wires. The ICD packetizes and/or switches the voice and data traffic through a hardware ATM switch to standard telco uplinks for local-loop connectivity. The ICD also performs bi-directional traffic policing functions, preserving service quality across different traffic types even in oversubscribed Refers to connecting more users to a system than can be fully supported if all of them were using it at the same time. Networks and servers are almost always designed with some amount of oversubscription, counting on the fact that everybody does not need the service simultaneously. in-building access networks. Frontera ICDs allow providers to leverage a single platform across multiple subscribers for in-building DSL concentration as well as packet voice services such as Voice over DSL (VoDSL), regardless of a facility's distance from service provider central offices. The Frontera family also includes VoDSL IADs for customer premises-based VoDSL delivery in MTUs or free-standing customer locations. The equipment and services markets for MTU- and MDU-based broadband multi-service access are both poised for dramatic growth. According to leading industry research firm Cahners In-Stat, the MTU/MDU services market will reach $4 billion annually by 2004 as commercial office, hotel, apartment buildings, and public access locations become increasingly enabled for bundled broadband services. Cahners In-Stat also estimates that the associated MTU/MDU equipment market will grow to nearly $1 billion by 2002 in order to build the infrastructure needed to deploy these services. Investor Information EDF Ventures - EDF Ventures (www.edfvc.com) is a venture capital firm based in Ann Arbor, Michigan  “Ann Arbor” redirects here. For other uses, see Ann Arbor (disambiguation). Ann Arbor is a city in the U.S. state of Michigan and the county seat of Washtenaw County. . EDF has played a leadership role in providing venture capital and operational expertise to emerging technology companies in the Great Lakes region The Great Lakes region can refer to:
Blueprint Ventures - Blueprint Ventures is a San Francisco Bay San Francisco Bay, 50 mi (80 km) long and from 3 to 13 mi (4.8–21 km) wide, W Calif.; entered through the Golden Gate, a strait between two peninsulas. Area-based early-stage venture capital firm focused on emerging communications companies delivering next generation Internet See Internet2. infrastructure components, systems, services and communications software for cable, copper, wireless, optical, and cellular infrastructure. The firm's ecosystem investment strategy leverages its operating, financing, marketing, and business development expertise across portfolio companies. The General Partners of Blueprint Ventures have more than 50 years of combined operating and investing experience. Current portfolio companies include market leaders such as Atreus Systems Corporation, CopperCom, infolio, MobileStar Network, Oresis Communications, ShareGate and Teja Technologies. Additional information is available at www.blueprintventures.com. Blue Chip Venture Company - Blue Chip Venture Company is a Cincinnati-based venture capital firm that provides capital and business building assistance to entrepreneurs seeking to build growth companies. Blue Chip manages four venture funds with $600 million of capital and has invested in over 85 partner companies located throughout the United States and Canada. While Blue Chip invests across a wide range of industries, it focuses on companies in the Internet infrastructure, e-commerce, information technology, telecommunications and healthcare services areas. Current portfolio companies include Alpine Microsystems, BlueSpring Software, MSHOW, Telephotonics and USinternetworking. Additional information is available at www.bcvc.com. About Avail Networks Avail Networks designs, develops, and markets network access solutions worldwide for next-generation convergence applications such as integrated data, voice, and video over single broadband connections. Avail's flagship products - the Frontera(TM)family of multi-service access platforms - enable service providers to deliver integrated broadband communications services to end-user sites in commercial office buildings, office parks, apartment buildings, and single-business locations. Avail is headquartered at 305 E. Eisenhower Parkway, Ann Arbor, MI 48108. Telephone: 734-761-5005. Website: http://www.availnetworks.com. Avail Networks, Frontera, and all Avail product names are trademarks of Avail Networks, Inc. All other trademarks or registered trademarks are the property of their respective owners. |
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