Caspian Networks secured an additional $55 million in venture funding for its flow-state routers. The new round of funding includes existing investors Oak Investment Partners, U.S. Venture Partners, Morgenthaler Ventures, New Enterprise Associates, Alloy Ventures and ABN-AMRO. http://www.caspian.com
- In March 205, Caspian Networks introduced a smaller version of its flow-state router designed for broadband aggregation and peering applications. The new 50 Gbps A50 flow-state router uses the same ASICs, software and line cards as the existing Caspian router, but in a single 6-RU shelf capable of aggregating up to 40 Gigabit Ethernet connections, four 10 Gbps trunks or other combination of interfaces.
- In February 2005, Caspian announced that it had been selected by South Korea's Electronics and Telecommunications Research Institute (ETRI) to co-develop advanced IP flow state solutions for the nation's Broadband convergence Network (BcN). The project will combine Caspian's flow state technology with ETRI's technical expertise in network control and simplified multi-protocol labeling switching (sMPLS).
- In January 2005, Northrop Grumman awarded a multi-year contract to Caspian Networks for joint development of a critical element of the space communications system payload for the Air Force's Transformational Satellite Communications System (TSAT) Space Segment.
