Monday, September 29, 2003

Acme Packet Closes $15 Million for its Session Border Controllers

Acme Packet, a start-up based in Woburn, Massachusetts, raised $15 million in second round funding for its session border controllers for service providers. Acme Packet's Net-Net products solve the critical problems across IP network borders, including security, service assurance, revenue and profit assurance, and law enforcement. Current deployments include VoIP trunking network peering, hosted IP services for business and residential customers, and voice ASP services in the data center. The new funding round included Advanced Technology Ventures (ATV) along with initial backers Menlo Ventures and Canaan Partners. The company has raised $31 million to date.
http://www.acmepacket.com