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C-Port Corporation Secures Second Round of Venture Financing.

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--July 6, 1999--

Funding for communications platform start-up company now totals

$28 million from leading venture capital firms in Boston, New York,

and Silicon Valley

C-Port(tm) Corporation, the pioneering communications platform company, today announced that the company has secured a $19 million second round of venture financing. This second round includes a lead investment from Amerindo Investment Advisors as well as funding from its initial investors -- Benchmark Capital, Bessemer Venture Partners, and Charles River Ventures.

"We view this level of commitment from both our initial and new investors as an endorsement of C-Port's clear differentiation in the rapidly evolving network IC market," said Larry Walker, president and CEO of C-Port. "We intend to continue leading the market by offering network OEMs a distinctly better way to develop innovative, high-performance products in Internet time."

C-Port will use the funding to support the company's rapid growth. In the last quarter alone, the company announced its first products - the C-Ware Development System and the C-Ware Software Toolset - and attracted eight leading-edge hardware and software companies to its C-Ware Partner Program.

Although many companies have announced plans to develop products that are loosely termed "network processors," C-Port remains the only company providing a complete, open communications platform. This platform approach offers network OEMs key advantages as they work to bring innovative, high-performance products to market quickly. For example, the C-Ware platform features a family of full-custom micro-multiprocessors that provide both wire-speed performance and full programmability in the familiar C language. C-Ware also offers a robust set of software interfaces, called Communications Programming Interfaces (CPIs) that simplify development and provide compatibility across generations of communications processors. In addition, the C-Ware platform includes a comprehensive set of industry-standard tools and support services that enhance developers' productivity in the design, development, debugging, and performance tuning of communications products.

About C-Port

C-Port Corporation is a privately held startup company focused on radically improving the networking industry's ability to develop, deploy, and provision communications services. Combining expertise in full-custom microprocessors, networking, and software development tools, C-Port's unique team offers the industry's first communications platform, called C-Ware(tm). The C-Ware(tm) platform enables vendors to develop high-speed networking products quickly and cost-effectively, shrinking their development cycles and freeing them to concentrate on delivering innovative features and services for their enterprise and service provider customers.

For more information on C-Port, visit our web site at Customers interested in additional information can contact C-Port sales at 978-773-2368, or send e-mail to

Note to Editors: C-Port, the C-Port logo, C-Ware Partner, and C-Ware are trademarks of C-Port Corporation.
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Publication:Business Wire
Date:Jul 6, 1999
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