U4EA Technologies Secures $5.2 Million in Series D Funding Round
Leading embedded quality of service (QoS) software provider for multi-service networks, announced today that it has successfully completed another funding round from its original investors.
LONDON (PRWEB) February 14, 2005 -- U4EA Technologies, the leading embedded quality of service (QoS) software provider for multi-service networks, announced today that it has successfully completed another funding round -- raising an additional $5.2 million from its original investors. The funds will be used to continue the development of its QoS software, expand its SIP and hardware development center in Fremont, California and bring its multi-service, next-generation network (NGN) products to market.
Developed to support carrier and enterprise customers, U4EAs NGN devices include two technologically advanced hardware products that will be launched later in the first quarter of 2005. These products have been developed to enhance network access across converged, fixed and internet-based (IP) networks and enable simple migration to reliable triple-play communications.
"In this Series D funding round, I am very reassured that those investors who backed us in each of the previous funding rounds continue to have confidence in our people and in the future prospects for our technologies and products," said Columb Harrington, chief executive officer at U4EA Technologies. "The drive for new, feature-rich applications across converged communications networks is unrelenting. Now tested and carrier-proven, we believe our core technology is pivotal to next-generation networking becoming a reality"
About U4EA Technologies
U4EA Technologies provides carrier-class, embeddable software components and hardware designs for multi-service network equipment. By integrating U4EA's software, manufacturers of edge and access devices can deliver products equipped for converged networks with a shorter time-to-market. U4EA's hardened, carrier-tested solutions enable reliable delivery of real-time, multimedia and mission-critical services, and have been brought to market in partnership with leading organizations such as Analog Devices Inc. and Ericsson AB. Headquartered in Bristol, UK, U4EA has a test facility in Sophia Antipolis, France and development facilities in Fremont, Calif.
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U4EA NP40, U4EA NP80, U4EA Technologies Inc., the U4EA logo, U4EA GoS and combinations thereof are trademarks of U4EA Technologies Limited. All other brand and product names are used for identification only and are owned by their respective holders.
Editors & Analysts Contact:
Ed Schauweker
Tactile Marketing Group
ed@tactilemarketing.com
Marcus Irwin-Brown
U4EA Technologies
marcus.irwin-brown@u4eatech.com
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