A US start-up is working on new telecommunications "traffic cop" technology and has received more than $10 million in financing from investors such as Compaq Computer and 3Com to help it on its way.
Monterey Networks said it plans to launch the offering, which helps telecommunications carriers manage their fibre-optic networks more efficiently, in February.
The technology will also enable carriers to deploy services over high-speed fibre optic networks more quickly, and provide services that can be restored swiftly in the event of an outage.
"It will be some kind of bandwidth management device. It won't necessarily be an optical switch or a crossconnect, but it will perform some of the same 'traffic cop? functions of provisioning, restoration and management," explained Joseph Bass, Monterey?s president and chief executive.
The startup plans to target service providers such as Frontier, IXC and Qwest, which are attempting to build IP-optimised fiber networks, and traditional carriers that build overlay networks.
"Leading router and switch vendors are already moving to connect their products directly to optical fibre networks, eliminating SONET infrastructure in the core network. But this introduces provisioning, restoration and management problems when wavelengths are switched between major backbone segments," Bass said.
He added that Monterey?s products, which are scheduled to ship in the second half of 1999, will enable carriers to exploit their next generation multi-gigabit routers, DWDM (Dense Wavelength Division Multiplexing) systems and ATM switches, to create new services.
Potential uses of the technology include scaling Internet backbones to meet Internet growth projections and building next generation inter-exchange and local exchange carrier backbones.
The company's products will complement gigabit IP routing, ATM, WDM and SONET technology.
Monterey Networks was set up in the mid 1997 and is backed by first-round venture capital from Communications Ventures, Sequoia Capital and Sevin Rosen Funds.
It currently has 35 employees, but expects this to increase to more than 75 in the next few months, chiefly through the addition of engineers.
The firm initially intended to set itself up in Silicon Valley, but chose to settle in Richardson, Texas', dubbed "Telecom Corridor" instead because of the area's abundance of service providers, equipment suppliers and component vendors that focus on the telecommunications market.
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