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JAMCRACKER
RECEIVES $100 MILLION TO SPEED ROLLOUT OF WEB-BASED SERVICES
Jamcracker, a start-up
promising a new range of online services, raised more than $100
million in financing to scale its infrastructure and launch its
Web-based workspaces. The
company integrates web-based applications and services from a
variety of providers into a single, secure and scalable platform.
Investors include Soros Private Equity Partners, Pivotal
Asset Management, e4e, Inc., The Rolling Thunder Network, Morgan
Stanley, Goldman Sachs, Credit Suisse First Boston, Robertson
Stephens, Bay Partners and others.
http://www.jamcracker.com/
Jamcracker, October 18, 2000
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Jamcracker's
web-based applications and services will include:
HR
management, recruiting, contract management, expense
management, professional services, sales force automation,
hosted corporate email, hosted Exchange servers, hosted web
conferencing, remote access, online backup, Microsoft support,
unified billing and IT monitoring.
The services
are built and managed by independent application service
providers (ASPs) and unified under the Jamcracker Web
platform.
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Jamcracker
was founded by K. B. Chandrasekhar, who also founded Exodus
Communications. The
company is based in Sunnyvale, California.
The name "Jamcracker" refers to the
lumberjacks who broke up log-jams on the river.
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EXTREME
NETWORKS REPORTS TWO METRO NETWORKS OPERATIONAL AT 10 GBPS
Extreme Networks named two customers with operational
10 Gigabit Ethernet metro networks built without SONET:
IntelliSpace and Yipes.
IntelliSpace is building commercial in-building networks
offering bandwidth services scaling from 64K from 10 Gbps.
IntelliSpace is partnering with Metromedia Fiber Network
and Global Crossing on wide area connectivity.
Yipes is building metropolitan area networks supporting
native Ethernet service scaling from 1 Mbps to 1 Gbps (in 1 Mbps
increments). http://www.extremenetworks.com/corporate/pressroom/news/pr10_18_00b.asp
http://www.intellispace.net/
http://www.yipes.com/
Extreme Networks, October 18, 2000
INDUSTRY
ASSOCIATION ADVANCES SPEC FOR 10 GBPS FIBRE CHANNEL
The Fibre Channel Industry Association (FCIA) completed the core
content of its proposed 10 Gbps Fibre Channel standard.
The forthcoming 10GFC spec leverages the work done by the
IEEE P802.3ae Task Force and shares a common link architecture and
common components with Ethernet and InfiniBand.
The proposed 10GFC standard will span link distances from
15m up to 10km and offer direct support for native dark fiber
(DWDM) and SONET/SDH, while preserving the Fibre Channel frame
format and size for full backwards compatibility. The core
content's roadmap addresses speed and feeds, protocol, fabric
services, management, security and technology. In addition, the
content draft provides information for various interfaces,
including disk drive physical interface, removable small form
factor connector and transceivers.
The association expects a final standard to ready in early
2002. http://www.fibrechannel.org
FCIA, October 18, 2000
NORTEL
NETWORKS, HP COOPERATE ON 10 GBPS ETHERNET SERVER NICS, DATA
CENTER SOLUTIONS
Nortel Networks and Hewlett-Packard agreed to jointly develop
solutions for next generation Optical Internet data centers,
including a 10 Gbps Ethernet Network Interface Card (NIC) for
connecting high-performance servers to optical networks.
Other elements within the Nortel/HP new data center model
are expected to include optically enabled storage and content
networks, as well as centralized service management. The companies
would provide interworking between HP OpenView and Nortel
Networks' Preside Managed Applications Services platform.
A definitive partnership agreement between the companies is
still being finalized. http://www.nortelnetworks.com/corporate/news/newsreleases/2000c/10_18_0000211_oidc.html
Nortel
Networks, October 18, 2000
NOVA
CRYSTALS GARNERS $31.25
MILLION FOR ITS VCSEL OPTICAL DEVICES
Nova Crystals, a
start-up developing laser and LED optical devices, raised $31.25
million in a Series C round of venture funding.
The company is working on vertical cavity surface emitting
laser diode (VCSEL) chips capable of extending the distance reach
of Gigabit Ethernet and SONET/SDH transceivers.
Investors include Ridgewood Capital, Hermes Epitek Corp.,
Walden International, Intel Capital, Infineon Technologies
Ventures, the Fortune Consulting Group, JF Shea Co., Barington
Capital Group and CE. Unterberg Towbin.
http://www.novacrystals.com/about_us_press_press_10162000.html
Nova Crystals, October 18, 2000
- In
August, Nova Crystals
demonstrated an electrically pumped, 1.3-micron vertical
cavity surface emitting laser diode (VCSEL) capable of
delivering 2.5 Gbps bandwidth.
The transmission capabilities of the device are rated
at 40 km without the need for repeaters and amplifiers.
Nova Crystals said its technology lends itself to
low-cost, high-volume manufacturing, making it suitable for
longer-reach Gigabit Ethernet /Fiber-Channel modules for
LAN/WAN systems, fiber-to-the-home (FTTH) networks, low-cost
WDM systems and other SONET/SDH applications.
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Nova
Crystals was founded in September 1998 by former Cornell
University researchers Dr. Yu-Hwa Lo and Dr. Felix Ejeckam.
Last October, Nova Crystals, in cooperation with
Cornell and Sandia National Labs, demonstrated a means to
create GaAs vertical cavity surface emitting lasers (VCSELs)
on a silicon substrate. Nova
Crystals is based in San Jose, California.
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TELLAIRE
ANNOUNCES FREE-SPACE OPTICAL SOLUTION
Tellaire, a start-up local loop service provider, introduced a
wireless optical connectivity service for commercial buildings.
The company said its free-space laser solution is currently
being used between multiple locations in the Washington D.C. area
by a leading national ISP. Additional
deployments are expected in Austin, Houston and NYC.
Tellaire's technology partner is Perot Systems Corporation.
http://www.tellaire.com
Tellaire, October 18, 2000
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CONSOLIDATED
EDISON PLANS EXTENSIVE FIBER SERVICES IN NYC
Consolidated Edison, one the largest electrical utilities
in the US, plans to install more than 112,000 fiber-strand miles
(460 route miles) through the five boroughs of New York City.
The fiber footprint would give Consolidated Edison direct
access to 1,000 buildings and place Consolidated Edison within one
and one-half blocks of any building in Manhattan.
Deployments are expected to continue through 2005.
http://www.electricfiber.com
Consolidated Edison, October 18, 2000
EZCHIP
RECEIVES $22 MILLION FUNDING FOR ITS 10/40 GBPS NETWORK PROCESSOR
EZChip
Technologies, a spin-off from LanOptics, received $22 million in
second round funding to complete its development of a 10 Gbps /
OC-192 network processor and begin design work on a 40 Gbps /
OC-768 network processor. EZChip
is based in Israel. http://www.ezchip.com/
EZChip,
October 18, 2000
iBASIS
REPORTS 40% SEQUENTIAL GROWTH IN INTERNET TELEPHONY TRAFFIC
iBasis
reported a 40% sequential
growth in its Internet telephony traffic:
168.0 million minutes in Q3, compared to 119.4
million minutes in Q2 and 44.8 million minutes in Q3 1999.
The company said it is on track to deploy a total of 20
Internet Central Offices by year-end 2000.
http://www.ibasis.net/News/pr10172000.htm
iBasis,
October 18, 2000
AOL
REACHES 24.6
MILLION MEMBERS, UP BY 1.4 MILLION FOR Q3
As of
September 30, the AOL service totaled more than 24.6 million
members, up by 1.4 million net new subscribers for the quarter.
The CompuServe 2000 service added 165,000 members, bringing
the combined CompuServe 2000 and CompuServe Classic membership to
more than 2.8 million. Average
usage per member per day was 58 minutes during the quarter, up by
3 minutes over the same period last year.
http://www.corp.aol.com/cgi/earnings.html
America Online, October 18, 2000
NEW
EDGE NETWORKS BRINGS IN ADDITIONAL $140 MILLION FUNDING FOR DSL
DEPLOYMENTS
New Edge
Networks, a national DSL provider targeting small, midsize and
semi-rural markets, secured $139.9 million in a third round of
funding, bringing total invested capital in the company to $302.6
million raised in 15 months.
To date, New Edge Networks has installed equipment in 550
central offices, of which 390 are currently operational.
http://www.newedgenetworks.com
New
Edge Networks, October 18, 2000
- On
Tuesday, Covad Communications noted in its quarterly financial
report that it was having difficulty collecting revenue from
some of its ISP channel partners. However, the company
reported continued growth in subscriber lines -- up by 67,000
new accounts for a total of 205,000 lines at September 30,
2000. Service ready central offices increased during the
third quarter to 2,000 from 1,700 at June 30, 2000. http://www.covad.com/companyinfo/pressreleases/pr_2000/101700_press.shtml
VENDORS
FORM INTERNET HOME ALLIANCE
Leading networking
equipment vendors and US retail outlets formed a new Internet Home
Alliance to promote compatible products for the "Internet
lifestyle." This
includes streaming
audio/video for entertainment and learning, energy and security
monitoring, personal and family communication, and simultaneous
Internet access from multiple PCs or Internet appliances. http://www.internethomealliance.com
Internet Home Alliance, October 18, 2000 |
