Monday, May 12, 2003

Nuera Raises $20 Million for its VoIP Gateways

Nuera Communications raised $20 million in new funding to support is VoIP infrastructure solutions for cable television, broadband, and telecommunications service providers. Nuera manufactures carrier-grade VoIP gateways and softswitches. Its media gateway has been deployed by Comcast, Eastern Broadband Telecom (Taiwan), StarHub (Singapore), and Liberty Media (Puerto Rico). The investment was led by Comcast Interactive Capital, Cox Communications, Sandler Capital Management, and Argo Global Capital. Existing Nuera investors HarbourVest Partners, Bay Partners, Gleacher & Co., Goldman Sachs, Deutsche Bank Capital Partners, SAIC Venture Capital, and J.F. Shea also participated in this round.
http://www.nuera.com