Wednesday, March 5, 2003

sentitO Raises $14 Million for Local Loop, Converged Switching Platform

sentitO Networks, a start-up based in Rockville, Maryland, secured $14 million in new financing for its New End Office - a converged switching solution. sentitO offers an IP-based local loop solution to provide access, switching, and service creation to carriers in a single platform. New investors TELUS Ventures and Core Capital Partners joined the round, which also included previous investors Kodiak Venture Partners, Mid-Atlantic Venture Funds, Technology Venture Partners and Inflection Point Ventures. This new financing brings sentitO's total capital investment to $25 million.
http://www.sentito.com

  • sentitO's New End Office is comprised of three elements: an environmentally hardened switch that combines line gateway, trunk gateway, SMS, VoDSL gateway, DSLAM, and broadband DLC functionality; a SIP-based proxy for next-generation signaling, including full SS7 services; and a service management system delivering full FCAPS, pre-provisioning capabilities, and integration with third party operational support systems. sentitO said its platform offers an extensive CLASS feature set, complete E911, CALEA, and Emergency Standalone (ESA) capabilities to comply with current and future regulatory requirements. In addition to its built-in CLASS 5 switching capabilities, the system will also provide interfaces to existing CLASS 5 switches.

  • sentitO Networks was founded in September of 2000.

  • sentitO Networks is headed by Terry Wolters, who previously was responsible for worldwide sales and customer support of next-generation switching products at SALIX/Tellabs. Previously, Mr. Wolters served as Vice President of Sales for ECI Telecom.