Press Release Archives

Ember announces strategic agreement with CIA's technology incubator, In-Q-Tel

Combo 802.15.4 Radio and 16-Bit ZigBee Processor Chip Sends Packets More Than Twice as Far as Competitors

Coradiant, Inc.™, a leader in real-user monitoring equipment for data center applications, today announced that Rick Fink, a co-founding partner with Miramar Venture Partners, has been appointed to the company’s board of directors. Fink’s appointment is effective immediately, bringing Coradiant’s board membership to six directors. “Rick brings impressive background to Coradiant, and has worked with emerging companies in all areas of technology,” said Brett Helm, Coradiant chairman and chief executive officer. “We welcome Rick’s deep experience with new and dynamic markets as we continue to Continue reading →

Colubris Extends Streak As Most Honored WLAN Vendor

  By: Rachel Nielsen   GrandBanks Capital, an early-stage venture capital firm, has promoted Ryan Moore, a wireless and software investor with the firm, to general partner. Moore, who joined GrandBanks as a co-founding member about five years ago, most recently was a GrandBanks principal. He manages the firm’s portfolio companies in the wireless and software sectors, GrandBanks said in a press release. Moore is a board member at uLocate Communications Inc., a provider of location-based services for cellphones, and at GlassHouse Technologies Inc., a Continue reading →

Venture investor GrandBanks Capital has promoted Ryan Moore, one of its founding employees, to the position of general partner. Moore will lead the Newton, Mass., firm’s investment efforts in the wireless and software markets. He presently sits on the boards of GlassHouse Technologies, a data-storage consultancy, and uLocate Communications Inc., a provider of wireless data services. Both companies are based in Framingham, Mass. Moore had served as a principal at GrandBanks since its founding in 2000. Prior to joining the firm, he was an analyst Continue reading →

Vivox, a provider of Internet-based communications services, has closed a $6 million Series A round of venture capital. The 2-year-old company integrates voice, video, messaging and social networking capabilities into existing data networks. Vivox was founded by Jeff Pulver, also co-founder of Internet telephony giant Vonage Holdings Corp. in New Jersey, and says its customers deliver its services to roughly 500,000 users. The six-person company is headquartered in Wayland. A Vixox spokeswoman said the company is searching for new office space, but is determined to Continue reading →

A good telecom venture capitalist is like an NBA shooter. Every once in a while he misses a big shot. The key is, he puts it behind him and hits the next one, and the one after that. Charles Lax of Grand Banks Partners and David McCarthy, of BCE Capital, are prime examples. In a panel discussion at the Voice Over Net (VON) show here today, the veteran institutional investors confessed to passing on Vonage and Skype. Skype, of course, is being bought by eBay Continue reading →

  By: Efrain Viscarolasaga Jeff Pulver is at it again. The chief executive officer of pulver.com Inc., co-founder of Vonage Inc. and a telecommunications industry luminary is using this week’s Voice on the Net (VON) trade show in Boston — which he also founded — to launch his newest venture: Vivox Inc. This week, with a new name (it operated as LibreTel.com during its development stage) and six employees, Vivox moves into its new home in Wayland. Pulver, who will act as the company’s chairman, Continue reading →

When Cisco rolled out its AON (Application-Oriented Networking), the company may have changed the face of network hardware. AON’s most-touted bell-and-whistle is a visibility dashboard, which is designed to provide apps managers – not network managers – a real-time view of how their business software is running. IDN spoke with Mike Carter, co-founder of CXO Systems, Cisco’s key XML partner for bringing up-the-stack capabilities to AON. CXO, based in Waltham, Mass., has worked with Cisco engineers to integrate the CXO “visibility dashboard” technology for real-time Continue reading →