GLOBAL CROSSING TO PROVIDE MICROSOFT NETWORK IN EUROPE
Global Crossing was awarded a two-year contract to provide broadband services interconnecting nine of Microsoft's European hubs and linking them to the company's corporate headquarters in Redmond, WA.  The network will carry Microsoft’s corporate traffic, including email, Intranet sites, and streaming audio and video.  Financial terms were not disclosed.  http://www.globalcrossing.com
Global Crossing, August 6, 2001

QWEST EXPANDS DEPLOYMENT OF CISCO ROUTERS AND METRO OPTICAL SYSTEMS
Qwest Communications will expand its long-haul, core and metro area networks using Cisco Systems’ IP+Optical solutions.  Qwest will deploy the Cisco 12416 Internet Router for select expansion, the Cisco 10008 Internet Router to support leased line services, and the ONS 15454 Metro Optical Transport Platform for extending services into its 25 local networks across the US.  Financial terms were not disclosed.  http://www.cisco.com
Cisco Systems, August 5, 2001

LEVEL 3 PROVIDES 1 GBPS SERVICE FOR CALIFORNIA'S RESEARCH AND EDUCATION COMMUNITY
Level 3 Communications announced a one-year agreement to provide a minimum of 1 Gbps of traffic capacity across its (3)CrossRoads Internet service to the Corporation for Education Network Initiatives in California (CENIC), a not-for-profit organization providing Internet connectivity to more than 3 million students and faculty.  CENIC was formed by the California Institute of Technology, the California State University, Stanford University, the University of California, and the University of Southern California to facilitate and coordinate development and operation of a set of seamless and robust advanced network services.  http://www.level3.com/us/services/crossroads/  http://www.cenic.org
Level 3, August 6, 2001

SILICON ACCESS NETWORKS INTRODUCES NETWORK ADDRESS PROCESSOR
Silicon Access Networks, a start-up based in Ottawa and San Jose, introduced a network coprocessor capable of performing routing table address lookups and statistics at a rate of more than 65 million operations per second. The device, which is the first member of the company’s iFlow Data Path Processing Platform (DP3) for advanced network switches and routers, is a subsystem-on-a-chip solution for address lookups that solves many of the problems associated with ternary-CAMs and ternary-CAM-based coprocessor products.  http://www.siliconaccess.com
Silicon Access, August 6, 2001

STARTUP BIG BEAR NETWORKS NAMES EX-TYCO EXECUTIVE AS CEO, TARGETS ELECTRO-OPTICAL MODULES
Big Bear Networks, a start-up based in Milpitas, California, named Mark Thompson president and CEO.  Thompson previously served as vice president and general manager of Tyco Electronics Corporation's Power Components Division.  Big Bear, which was founded in June 2000, is developing technology that combines electrical and photonic functions to provide active monitoring and dynamic compensation of the optical data path.  The company said the application of advanced digital signal processing (DSP) and conditioning techniques will yield significant performance and cost benefits in high-speed (10 – 40 Gbps and beyond) network applications.  http://www.bigbearnetworks.com
Big Bear Networks, August 5, 2001

• Big Bear Networks raised $20 million in its initial round of private funding from Accel Partners and Sequoia Capital.  Founders of Big Bear Networks include Dr. Laura Adams, previously with Lucent Technologies; Dr. John Paul Mattia, who previously was at Texas Instruments; and Maurice Tarsia, who previously was with Texas Instruments.

IP UNITY SECURES $24 MILLION FOR ITS TELECOM SERVICES PLATFORM
IP Unity, a start-up based in Milpitas, California, secured $24 million in third round funding for development of its carrier grade services platform for enhanced voice and telephony applications.  IP Unity will offer a service creation and media server platform that unites multiple speech and Web applications with advanced audio processing capabilities, such as interactive voice response (IVR), recording and playback, automated speech recognition, transcoding, text-to-speech, fax, voicemail, unified messaging, auto attendant and others. The new funding brings the total investment raised by the company to $48 million.  Investors include Battery Ventures, NEA and Kleiner Perkins Caufield & Byers.  http://www.ipunity.com/press/080601.html
IP Unity, August 6, 2001

• IP Unity is headed by Arun Sobti, who was previously President of ADC's Broadband Access and Transport Group (BATG).  The company was co-founded by Ahmed Afroz (formerly with Cisco), David Israel (formerly with Lucent), Tony Ma (formerly with Nortel Networks) and Art Laursen (formerly with Lucent).

KODEOS ATTRACTS $12 MILLION, TARGETS LONG HAUL OPTICAL SUBSYSTEMS
Kodeos Communications, a start-up headquartered in South Plainfield, New Jersey, raised $12 million in Series A equity funding led by Jerusalem Venture Partners (JVP) and Highland Capital Partners.  The company is developing optical subsystems to improve bandwidth efficiency in high capacity long haul trunks.  http://www.kodeos.com
Kodeos Communications, August 6, 2001

• Kodeos was co-founded by Dr. Gadi Lenz, who previously was a member of technical staff in the Optical Physics Research department at Bell Labs, and Dr. Jason Stark, who formerly served as Head of Lucent Technologies Advanced Modulation and Coding project.

EMBER GETS SEED FUNDING FOR LOW-POWER WIRELESS EMBEDDED NETWORKING
Ember Corp., a start-up based in Cambridge, Massachusetts, received $3 million in seed funding for its development of a low-cost, low-power wireless embedded networking platform.  The Ember platform will use patented, “self-organizing” networking technology from the MIT Media Laboratory.  The company describes its vision as “the internet for small things.”  Investors include Polaris Venture Partners, DFJ New England, Stata Venture Partners and Bob Metcalfe, Ethernet inventor and 3Com founder.  http://www.embercorp.com/
Ember, August 6, 2001