Tuesday, April 7, 2015

IIX Secures $20 Million, Acquires IX Reach

IIX, a software-defined interconnection company based in Santa Clara, California, announced $20 million in funding from TriplePoint Capital.  The company’s SDI platform enables programmable interconnection between networks that allow customers to gain more control, improve security, reduce costs associated with IP transit delivery, optimize network performance and extend network reach across the globe.


IIX also announced its acquisition of IX Reach Limited, a global network solutions provider and partner to leading Internet Exchange Points around the world. Financial terms were not disclosed.  IIX said the acquisition gives it a combined interconnection footprint into more than 150 Points of Presence (PoP) across various regions in North America, Europe, the Middle East and Asia. The expansion will also bring the company’s software-defined interconnection platform into more markets across the globe, enabling simple, secure and programmable direct network connections between content providers, cloud application providers and other enterprises.

Stephen Wilcox, IX Reach’s Founder and CEO has been appointed IIX’s President of EMEA and Chief of Global Networks. He brings more than 17 years of management experience in the technology sector to the company. Stephen led the global expansion of IX Reach into multiple regions, including Europe, North America, the Middle East and Asia. In addition to founding IX Reach in 2007, Stephen previously served in various senior roles with such companies as Google, Renesys, Telecomplete and U-NET. He was also a 10-year member of the board of directors for the London Internet Exchange.

0 comments:

Post a Comment

See also