Brix Networks, a start-up based in Chelmsford, Massachusetts, raised $8.1 million in fourth round venture funding to support its real-time service assurance solutions. The BrixWorx service assurance software system can be used to constantly monitor the quality and operation an IP backbone. It allows users to test and verify all their advanced IP services from one platform with real-time, proactive notification of any degradation in service levels. The Brix System consists of a family of purpose-built, hardware-based appliances, which are deployed pervasively throughout a network and are tightly coupled with a central site software system. Brix also provides related VoIP and video test suites.
Current Brix investors Charles River Ventures, ComVentures, Fidelity Ventures, Partech International, and STAR Ventures all participated in the company's fourth round of financing. The company has raised $55 million since its inception in 1999.
http://www.brixnet.com
Monday, November 17, 2003
Brix Raises $8.1 Million for its Real-Time Service Assurance
Monday, November 17, 2003
Start-ups