NARAD NETWORKS ANNOUNCES CHIP SET FOR GIGABIT ETHERNET OVER HFC 
Narad Networks unveiled its Ultra Broadband Modem (UBM) chip set, which is designed for full-duplex point to point Gigabit Ethernet transmission on the coaxial portion of an existing hybrid fiber coax (HFC) plant.  The UBM is one element of Narad's Virtual Fiber architecture (see below).  Narad’s design leverages previously unused spectrum between 860 MHz and 2 GHz, leaving existing cable modem applications of less than 860 MHz unaffected.  The PHY layer chip set is manufactured in silicon germanium (SiGe), resulting in low power consumption that will allow the product to be used in outside plant equipment.  Narad plans to enter into field trials of its Virtual Fiber solution in Q4 2001 with product availability slated for Q1 2002.  http://www.naradnetworks.com/ 
Narad, August 13, 2001

• In June, Narad unveiled its “virtual fiber” architecture for delivering symmetrical, 100 Mbps to 1 Gbps Ethernet services over HFC networks.  The architecture places Gigabit Ethernet switches at strategic points in the network.  An Optical Network Distribution Switch (ONDS) located immediately next to a conventional optical node combines the signals below 860 MHz from the headend with Gigabit Ethernet signals from a headend router.  The ONDS performs an optical-to-electrical conversion of Ethernet traffic selectively at 100 Mbps or 1 Gbps.  A Network Distribution Switch (NDS) provides the functions of a distribution amplifier for signals below 860 MHz as well as trunk-to-trunk switching functions between the 1 Gbps Ethernet channels.  Narad also plans to offer a subscriber access switch and a customer premise unit with Ethernet ports and a single coaxial interface for existing TV and cable modem services operating below 860 MHz.
• In February, Narad Networks raised $41.6 million in its first round of private financing.
• Dev Gupta is the founder, President and CEO of Narad Networks.  Prior to starting Narad, he was the founder of MaxComm Technologies and Dagaz Technologies, which were both purchased by Cisco Systems.  Previously, he held positions at Cisco and Bell Labs.  Several overall members of the Narad management team left MaxComm/Cisco to start the company.

BAYPACKETS RELEASES OSS FOR NETWORK VOICE SERVICES
BayPackets, a start-up based in Fremont, California, released its Rapid Service Introduction System (RSI), a real-time operational and business support system (OSS/BSS) that decouples service intelligence from the underlying switching elements.  The system consists of three key components: the RSI Processor 8000, a highly scalable, carrier-grade, application feature server; the RSI Enhanced Apps Suite, a set of enhanced network-based voice applications that operates in both circuit-switched and next generation environments; and RSI Mediate 6000, a real-time mediation solution that supports mission critical applications such as billing, fraud and churn.   http://www.baypackets.com/ 
BayPackets, August 13, 2001

LOOKING GLASS TO MAKE NETWORK AVAILABLE IN EXQUINIX IBX CENTERS
Looking Glass Networks will make its metropolitan optical network available in Equinix's Internet Business Exchange (IBX) centers in the Dallas, Chicago and Washington, D.C. areas.  http://www.lglass.net 
Looking Glass Networks, August 13, 2001

• Looking Glass Networks is building dense networks of 216 to 864 fiber cross-sections per cable in major US cities.  The network is designed to deliver SONET, Gigabit Ethernet and wavelength services in addition to dark fiber.  
• Looking Glass is led by Lynn E. Refer, who formerly served as Senior Vice President of Network Planning and Engineering at MCI WorldCom.  Refer previously was Senior Vice President of Development for MFS Communications.
• In February, Looking Glass Networks raised an additional $275 million in debt capital to fund its metro optical network build-out plan, bringing its total funding to $475 million.  In March, Looking Glass executed interconnection agreements with all targeted incumbent local exchange carriers (ILECs) in its Phase I markets.

T-NETWORKS SECURES $12.5 MILLION IN FUNDING FOR OC-192 AND OC-768 OPTICAL PLATFORM
T-Networks announced that it has raised  $12.5 million in a new round of funding, bringing the company's total funding to $41.5 million.  T-Networks is developing an optical networking platform targeted at 40 Gbps and faster speeds.  Product details have not been released.  Investors include Greylock Partners, Lighthouse Capital, Sequoia Capital, US Venture Partners, Intel Capital and Vitesse.  http://www.tnetworksinc.com/
T-Networks, August 13, 2001

• T-Networks was founded in July 2000 by Dr. Steve O’Brien, who was previously with Lucent Technologies, SDL, and AT&T Bell Laboratories; Dr. Aaron Bond, who held positions in the Lucent Microelectronics Group and Bell Laboratories; Dr. Prashant Singh, previously with Lucent and General Electric; and Dr. Ram Jambunathan, who joined the company from the Lucent Microelectronics Group.  The company is based in Allentown, Pennsylvania.

TIARIS RAISES $9.5 MILLION FOR HOME NETWORKING SILICON
Tiaris, a fabless semiconductor start-up, has closed $9.5 million in first round venture financing.  The company is developing system-on-chip solutions to enable home networking for the distribution of video, audio, data and voice.  Tiara will address the transmission bottleneck of the “last 300 feet,” by creating a chipset for a high-speed residential network that will enable distribution of enhanced entertainment services and content throughout the house, without installing new wiring.  Investors include Kodiak Venture Partners, Giza Venture Capital and Cedar Fund.  Tiaris has raised nearly $12 million since its formation in late 2000.  Tiaris is based in Concord, Massachusetts.  http://www.tiaris.com/
Tiaris, August 13, 2001

SPATIAL WIRELESS OBTAINS $8.1 MILLION FOR PACKET BASED WIRELESS SWITCHING
Spatial Wireless received $8.1 million in venture financing for its development of carrier-class core switching network elements for supporting enhanced voice and data services across next generation packet-based wireless networks.  The company is based in Richardson, Texas.  Investors include Austin Ventures, Sequoia Capital and Genesis Campus, a technology incubator recently launched by Wu-Fu Chen.  http://www.spatialwireless.com/ 
Spatial Wireless, August 13, 2001

XILINX RELEASES 10GBPS ETHERNET MAC CORE FOR ITS FPGAS 
Xilinx announced availability of intellectual property cores for its Virtex-II platform FPGAs, including a 10Gbps Ethernet MAC core, a 100 MHz version of the Real PCI-X core, and a Common Switch Interface (CSIX) reference design.  http://www.xilinx.com/ 
Xilinx, August 13, 2001