Avantas Networks Raises $12 Million in Second Round of Financing from Leading Venture Capital Firms.Business & Technology Editors MONTREAL--(BUSINESS WIRE)--Aug. 23, 2000 Avantas Networks Corp., a leading developer of fiber optic telecom test instrumentation, has secured $12 million in financing from leading Canadian venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed 5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1] . These include Vancouver-based Ventures West, Montreal-based T2C2\INFO, Innovatech and BDC (Backup Domain Controller) In a Windows NT server, a copy of the Primary Domain Controller (PDC). The BDC is periodically synchronized with the PDC. See PDC. BDC - Backup Domain Controller . Innovatech High-Tech Venture Capital and BDC join existing investors Ventures West, T2C2\INFO, Ottawa-based Skypoint Capital and private venture financing. According to Avantas Networks president Sami Yazdi, "The investment capital will be used to fuel the company's explosive growth. The technical team has grown significantly in the last 12 months, and we are now in the process of building the necessary marketing and sales team." Avantas Networks products address network test and service assurance instrumentation for the $20 billion Global Optical Transport Market, which includes Sonet, SDH (Synchronous Digital Hierarchy) The European counterpart to SONET. See SONET. SDH - Synchronous Digital Hierarchy , Digital Cross-Connect, DWDM (Dense WDM) The term given to wavelength division multiplexing (WDM) when significantly more channels were being added. Since WDM is increasingly more "dense" all the time, both terms are used synonymously. See WDM. DWDM - wavelength division multiplexing and Ethernet Transparent Lan Service A service from a carrier that links remote Ethernets together. It is called "transparent" because the connected Ethernets are viewed as one Ethernet by the customer, regardless of the technology employed by the carrier in between. (TLS (1) (Transport Layer Security) A security protocol from the IETF that is based on the Secure Sockets Layer (SSL) 3.0 protocol developed by Netscape. TLS uses digital certificates to authenticate the user as well as authenticate the network (in a wireless ) infrastructure equipment. "With the explosion of new optical network builds, maintaining high-quality network service assurance is of the utmost importance to all network service providers, and Avantas Networks is very well-positioned to capture a significant piece of this market," says Yazdi. Avantas Networks designs and markets leading-edge fiber-optic telecom test instruments for global service providers and telecom equipment manufacturers. The Avantas Networks product family focuses on the testing and quality of service assurance of Sonet SDH, DWDM and Datacom networks. |
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