CableMatrix Receives Funding from Intel Digital Home Fund.JERUSALEM, Israel -- CableMatrix, an Israel- and US-based start-up providing advanced Quality of Service (QoS) solutions to enable advanced services and enhanced performance on broadband networks  This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.You can assist by [ editing it] now. , announced today that the Intel Digital Home Fund has invested in the Company, joining earlier investors Veritas Venture Partners, Walden Israel, and US-based EnerTech Capital. CableMatrix provides broadband service providers An ISP, telephone company, cable company or other carrier that offers high-speed communications to homes and businesses, typically for Internet access. Cable modems, DSL and T1 lines are the common technologies. See broadband, cable modem, DSL and T1. with a software infrastructure that enables them to deliver a new generation of differentiated, media-rich applications and services to both consumers and business users. The technology enables MSOs to maximize revenues by offering bundled and differentiated services Offerings that can be classified by type, or quality, of service. For example, a differentiated services network could prioritize real time traffic for a higher fee. , including VoIP, video telephony See videophone. , and multiplayer online gaming--all of which enhance the customer's broadband experience and satisfaction. "We recognize the increasing need for sophisticated mechanisms to ensure Quality of Service over shared broadband access See broadband and wireless broadband. networks and the growth of on-demand multimedia content and applications that will require such enhancements," noted Joel Fisch of Intel Capital. "Intel is investing in CableMatrix to aid its efforts to advance QoS solutions for the cable industry and the emerging WiMax industry and digital home market segment." "We are very pleased with Intel's decision to invest in CableMatrix," said Laurence N. Rubin, 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 CableMatrix. "There is no doubt that Intel can offer great strategic value and we look forward to building a close working relationship with this worldclass technology leader." About CableMatrix CableMatrix was founded in 2003 and has its development center in Jerusalem, Israel, and operating center in Atlanta, Georgia. CableMatrix's PacketCable Multimedia compliant On-Demand Service Platform (ODSP ODSP Ontario Disability Support Program (Canada) ODSP Optical Digital Signal Processing (TM)) gives broadband cable operators the ability to directly link increased bandwidth usage with increased revenue. For more information, visit www.cablematrix.com. About the Intel Digital Home Fund The $200 million Intel Digital Home Fund, one of Intel Capital's investment program initiatives, was announced in January 2004. It targets companies developing hardware and software, as well as connectivity and supporting technologies that enable people to enjoy digital content--including music, games, photos and video--on multiple devices in the home and beyond. For more information, visit www.intel.com/capital. |
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