Expand Networks Raises $9 Million for its WAN Compression

Expand Networks, a start-up based in Roseland, New Jersey with R&D in Israel, announced a $9.0 million round of financing for its WAN compression and acceleration appliances. The company claims its technology increases average network capacity of WAN links by 100-400%, with peaks of 1000+%, through a combination of byte-level caching, packet header reduction and adaptive packet compression. Expand Networks also uses advanced packet classification techniques to provide application-level control across WAN links. The company has shipped over 15,000 units to more than 600 customers including Motorola, Texas Instruments and the U.S. Department of Defense. The new funding was led by Tamir Fishman Ventures and included existing investors Weiss Peck & Greer, RBC Capital Markets, Comcast Interactive Capital, America Online, Inc., Omninet Capital, LLC and EURcom Holdings. Expand Networks has raised close to $40 million to date.
http://www.expand.com