Sunday, January 12, 2003

Ellacoya Raises $14 Million for IP Service Control System

Ellacoya Networks, a start-up based in Merrimack, New Hampshire, received $14 million in venture financing for continued business operations and the commercialization of its IP Service Control System. Ellacoya's IP Service Control System monitors network usage patterns and manages resources. The company said broadband operators could deploy the platform to identify network traffic by application and ensure that both interactive and P2P users receive the level of service to which they have subscribed even during peak times. New investors Flagship Ventures and Atlas Venture join existing investors Lightspeed Venture Partners, Bessemer Venture Partners and Goldman Sachs in participating in the round.
http://www.ellacoya.com