Connecticut Governor Recommends Alphastar America for Funding of $25M from Broadband Stimulus Program

Greenwich, CT (PRWEB) October 27, 2009

Connecticut Governor Jodi Rell recommended a project by Alphastar America (AA) for funding of $ 25M from the Broadband Technologies Opportunities Program (BTOP), administered by the National Telecommunication and Information Administration (NTIA). In a letter to Lawrence Strickling, Assistant Secretary of the Department of Commerce and the Administrator to the NTIA, Governor Rell expressed strong support for 10 projects and recommended Alphastar America’s project among them as an important choice for the state of CT. Statement By the Office of Governor M. Jodi Rell to NTIA Assistant Secretary Strickling

“Connecticut’s Review Process involved gathering input and feedback from a variety of perspectives. Those who participated in this process included municipal officials, state agency representatives and individuals familiar with communications technologies. While the reviewers looked at the array of proposals that could potentially benefit Connecticut, the feedback focused mainly on those broadband initiatives that could directly benefit the citizens of Connecticut.” – Matthew Fritz, Assistant Secretary to Governor Jodi Rell, in his letter to NTIA Assistant Secretary Strickling Recommending Alphastar America’s proposal.

Alphastar America (AA) proposed to the NTIA to provide middle mile or “big pipe” broadband access and data center services to the unserved, rural and remote areas in at least 22 States in the nation. These states include Connecticut, Arizona, Colorado, Delaware, Florida, Idaho, Illinois, Indiana, Iowa, Mississippi, Nebraska, New Hampshire, North Dakota, New Mexico, Nevada, Ohio, Pennsylvania, Tennessee, Texas, and Washington. Unserved areas are parts of the country that lack high speed access to the Internet backbone. These areas are unserved because of the unwillingness or inability of phone and cable companies to initiate prolonged projects to dig and lay expensive fiber cable underground. AA offers an immediate and economical solution to connect the unserved areas to the internet backbone, providing high-speed internet at an affordable price. AA provides an immediate and economical solution to connect the unserved areas to the Internet backbone while offering data storage archiving and retrieval through its Tier 4 data center. As an incentive for unserved communities to adopt broadband services, AA will offer a discount for health care facilities, schools, libraries, and first responders such as hospitals, police and fire departments. The Governor of the State of Connecticut’s letter to the NTIA emphasized the significance of broadband to Connecticut citizens: “Broadband is one of those tools that brings with it great potential to transform our economy, advance academic achievement, improve the delivery of health care and grow tomorrow’s workforce today.” – Matthew Fritz, Assistant Secretary to Connecticut Governor Jodi Rell.

Since the year 2000, AA has developed and deployed an innovative and agile solution consisting of an IP hybrid network with WiMax access to the Internet final user and satellite for the middle mile. Satellite middle mile presents the only meaningful solution for immediate deployment in the unserved areas, because fiber and cable deployment would take years and billions of dollars to deploy. Furthermore AA avoids the shortcomings of the current satellite networks operating in the market today by providing last mile users with WiMax or WiFi connectivity that is not affected by the middle mile source. Unlike AA’s hybrid network, the existing satellite networks in the market today use satellite for both the middle mile and last mile, which further compounds the shortcomings of satellite broadband services such as latency and the high cost of consumer equipment including dishes and set-top-box and trucks to service them. AA hybrid technology reduces latency to a minimum and has negligible consumer equipment cost or need for maintenance. AA’s network was designed with technical assistance from Cisco Systems and deployed nationwide in the year 2000. In 2009, Cisco Systems upgraded the network for the NTIA project ( please see Cisco Testimonial,June1,2000 on the side bar)

The AA project is shovel ready and affordable, allowing immediate deployment and employment as required by the stimulus program. It can be deployed within weeks of funding and will immediately employ about 400 people in CT and in the unserved areas where it is needed most. The intended clients for AA middle mile are Internet Service Providers who will use AA’s middle mile broadband on a wholesale basis and in turn will sell on a retail basis to residential and commercial users in their local markets.

AA has converted an FCC licensed satellite teleport facility in Oxford, CT, a 20,000 SF facility on 12 acres, to a Tier 4 data center with redundant access to the Internet globally via a mix of fiber and satellite. The facility is expandable to 150,000 SF. The Oxford data center has a satellite footprint that covers North America, Latin America, Europe, Middle East and Africa. It is designed for co-location and both managed or cloud computing services globally, including disaster recovery services, backup and redundancy, data storage and emergency response applications for public safety and business continuity.. The data center is capable of storing, archiving and retrieval of multi-media including data, images,audio and video.

AA is open to joint venture, partnership and franchising opportunities with all interested parties nationwide including potential clients for AA broadband network or data center services , WISPs, ISPs, rural cable TV and telephone companies, MMDS, WiFi, WiMax, WiMesh, service providers and interested data centers as well as government officials, distributors, vendors, bankers and others.

Interested parties may contact:

Timothy Wahba, V.P. of Business Development

info (at) alphastar (dot) com

Alphastar America Website

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Connecticut Governor Recommends Alphastar America for Funding of $25M from Broadband Stimulus Program

Spanning Cloud Apps Raises $2 Million Series A Round of Venture Funding From Foundry Group

Austin, TX (PRWEB) April 5, 2011

Spanning Cloud Apps, the makers of Spanning Backup for Google Apps, today announced that the company has secured $ 2 million of funding from Foundry Group, a Boulder-based venture capital firm. Launched in September 2010 and spun out of Spanning Sync, Inc., Spanning Cloud Apps will apply the resources to continue to build on the companys growing portfolio of cloud applications for Google Apps as well accelerate development of complementary solutions for other major cloud service providers.

Spanning Backup is the highest-rated Security & Compliance app in the Google Apps Marketplace, is among the highest-rated paid apps overall, and has already backed up more than 1 billion documents, calendar events, and contacts for Google Apps users.

When Google Apps customers learn about Spanning Backup, their first question isnt, How much does it cost? but rather, How soon can we turn it on? said Charlie Wood, Spanning Cloud Apps founder and CEO. We help a lot of Google Apps admins sleep a lot better at night.

The Austin-based company has also added Seth Levine, Managing Director at the Foundry Group, to its board of directors.

We couldn’t be more happy to work with Seth and the rest of the Foundry team, said Wood. With Foundrys support and deep experience in the market we plan to extend our lead in Google Apps backup and use that leadership position to build out a broad portfolio of cloud apps.

Its very exciting to work with fresh and ambitious companies such as Spanning Cloud Apps, said Seth Levine, Managing Director at Foundry Group. The caliber of the team and their proven ability to execute made them a very strong fit at Foundry Group. Were very excited to help this team achieve its very ambitious goals.

Spanning Cloud Apps flasghip product, Spanning Backup, continually backs up Google Apps data to the cloud. While Google’s infrastructure includes extremely sophisticated internal disaster recovery capabilities, Spanning Backup provides backup and restore functionality for Google Apps users and administrators. The product provides simple, always-on protection against accidental and malicious data loss and corruption.

For more information, please visit spanningbackup.com

About Spanning Cloud Apps

Founded in 2010 and spun out of Spanning Sync, Inc., Spanning Cloud Apps is a cloud-based application developer focused on backup solutions for todays most widely adopted cloud-computing suites including Google Apps. Spanning Backup, the companys flagship product, is the top-rated backup solution for Google Apps users and administrators. The company is backed by Foundry Group, and is based in Austin, Texas.

For more information, visit spanning.com.

About Foundry Group

Foundry Group is a venture capital firm focused on investing in early-stage information technology, Internet, and software startups. In addition to providing the necessary venture capital to get a company up and running, Foundry Group is committed to leveraging their experience in starting and growing companies, expertise in the technology industry, and network of relationships to help great entrepreneurs turn great ideas into great companies. Foundry Group is based in Boulder, Colorado, and invests in companies located across the United States.

For more information, visit http://www.foundrygroup.com.

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Spanning Cloud Apps Raises $2 Million Series A Round of Venture Funding From Foundry Group

Infineta Systems Attracts $15 Million Series B Funding to Accelerate Traffic Across Hyper-Scale Wide Area Networks

San Jose, CA (PRWEB) June 06, 2011

Infineta Systems, a provider of Hyper-scale WAN optimization systems, announced that it has closed a Series B funding round in the amount of $ 15 million. This latest funding was led by Silicon Valley-based Rembrandt Venture Partners, with participation from existing investors, Alloy Ventures and North Bridge Venture Partners. The Series B round brings Infinetas total to-date funding to $ 30 million. The company plans to direct the new capital toward building out its sales, marketing, and engineering teams as it addresses the strong market demand for its products.

This funding reflects the continued and intensified interest by enterprise IT professionals to transform data centers from static islands of compute and storage resources to a seamless and unified resource pool. This new paradigm demands a data center interconnect that must deliver unprecedented levels of throughput, reliability, and cost-efficiency requirements that todays WAN infrastructures cannot support. By delivering significantly greater levels of enterprise data center flexibility and availability, Infineta finds itself squarely at the epicenter of this tectonic shift in IT architectures.

Infineta is the first networking company to develop and market commercial WAN optimization systems that accelerate, inter-data center WANs running at up to 10Gbps wire speeds. Powered by the Velocity Dedupe Engine, the Infineta Data Mobility Switch (announced today: Infineta Systems Ships First-ever 10Gbps, Wire speed WAN Optimization System for High Capacity Data Center Interconnects) delivers unrivaled levels of throughput and scalability, serving as a critical building block for enterprises grappling with workflows native to Hyper-scale WANs, such as replication and backup, Big Data transfers, and cross-site virtualization initiatives.

As a result of the funding, In Sik Rhee, general partner at Rembrandt Venture Partners, joins Infinetas board. As both founder of Kiva (one of the earliest application server providers) and co-founder of Opsware (formerly LoudCloud), In Sik has had a direct role in helping strategic line of business and IT organizations tap into new data center architectures and new services delivery frameworks to amass concrete enterprise value.

Our investment in Infineta and its team represents our conviction that there is an enormous shift occurring in the marketplace today driven by the extension of virtualization, Big Data processing, and the mobility of storage pools, stated In Sik Rhee. We believe the superhighway for cloud-based networks presents a significant opportunity for customers and thats where Infineta is strongly positioned with a highly differentiated product and unique technology.

Both emerging and established companies are adopting new technologies at a brisk pace to keep up with data growth, while seeking ways to expedite data collection, analysis, and distribution to generate more revenue, gain competitive advantage, and shorten time to market, said Raj Kanaya, co-founder and CEO of Infineta Systems. We are pleased to receive this investment and validation from Rembrandt Venture Partners, along with our existing investors, who clearly recognize this rapidly growing market opportunity. We look forward to helping our customers manage their Hyper-scale WAN workflows more efficiently and cost-effectively using our groundbreaking product offering.

About Rembrandt Venture Partners

Rembrandt is an early-stage venture capital firm established in 2004 and based in Menlo Park, CA. Rembrandts partners apply their extensive operating experience to help talented entrepreneurs build great companies in emerging market categories. Rembrandt invests in early stage Information Technology companies in the categories of Software, Communications, Internet Infrastructure, Mobility, and Digital Media. For more information, please visit http://www.rembrandtvc.com.

About Alloy Ventures

Based in Palo Alto, California, the partners of Alloy Ventures have been providing venture capital funding to entrepreneurs since 1977. With over $ 1 billion under management, Alloy’s focus is on the next generation of ground-breaking Life Science, Information Technology and Cleantech companies. Our current portfolio includes companies like Barrx, Mavenir, Molecular Imprints, NuGen, Optimedica, Pacific Biosciences, Teradici, ViVotech, and YouSendIt, which are poised to become the next global leaders. Additional information is available on our website at http://www.alloyventures.com.

About North Bridge Venture Partners

North Bridge Venture Partners is an active, bi-coastal, early-stage venture capital firm based in Boston, Massachusetts and San Mateo, California. Established in 1994, North Bridge provides seed-to-growth financing and company-building expertise. North Bridge’s sector focus includes Software, Communications & Infrastructure, Healthcare Technology, Digital Media, and Materials. For more information go to http://www.northbridge.com.

About Infineta Systems

Based in San Jose, California, Infineta Systems is a privately-held provider of Hyper-scale WAN optimization systems. The companys patent-pending Velocity Dedupe Engine delivers unprecedented levels of throughput, scalability and bandwidth capacity to support critical machine-scale workflows across the data center interconnect. Its flagship product, the Infineta Data Mobility Switch, accelerates multi-gigabit BCDR (business continuity/disaster recovery), cross-site virtualization, and Big Data traffic. The company is backed by Rembrandt Venture Partners, Alloy Ventures and North Bridge Venture Partners. For more information, visit http://www.infineta.com.

Infineta, Infineta Systems, Data Mobility Switch, and Velocity Dedupe Engine are trademarks or registered trademarks of Infineta Systems, Inc., in the U.S. All other product and company names herein may be trademarks of their respective owners.

Press Contact:

Carmen Hughes

Ignite Public Relations

W: 650.227.3280 ext. 1

carmen(at)ignitepr(dot)com

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Infineta Systems Attracts $15 Million Series B Funding to Accelerate Traffic Across Hyper-Scale Wide Area Networks

ClearDATA Secures Funding from Norwest Venture Partners for Healthcare Cloud Computing

Phoenix, AZ (PRWEB) March 28, 2012

ClearDATA Networks, Inc., the leading healthcare cloud computing platform and service provider, today announced it has secured funding from Norwest Venture Partners (NVP) and several industry angel investors. The company has demonstrated strong revenue growth through its existing customer base which ranges from single provider practices to small and large hospitals throughout the U.S. Over the past three years, ClearDATA has entered into several strategic partnerships and currently provides cloud hosting and information security services to over 10,000 healthcare practitioners. The funding will be used to grow the companys products and presence in order to meet the increasing demand for its secure, HIPAA-compliant cloud computing services in the healthcare industry.

ClearDATA is serving the $ 35 billion Healthcare IT Market, which is growing at an estimated 20% annually. This industry includes thousands of healthcare providers who must migrate to electronic records and maintain vast amounts of data, which currently exist on paper charts, film or tape. These healthcare providers need storage and processing solutions that can be securely accessed and analyzed anywhere, and at any time. ClearDATAs solutions meet this need by providing its customers with measurable cost savings as well as increased efficiency and security that is auditable.

We have great confidence in the ClearDATA teams ability to cement its leadership position in the healthcare cloud computing market segment, said Robert Abbott, general partner, Norwest Venture Partners. “The healthcare industry is experiencing tremendous growth as the transition from paper based records and labor intensive processes to electronic based records and automated solutions. Providers have an increasing interest in cloud computing, but strong concerns about information security and patient privacy. ClearDATA has successfully developed and implemented the industrys most secure and cost effective HIPAA-compliant cloud computing platform. Healthcare software companies, VARs, hospitals, clinics and physician practices have already experienced a tangible return on their investment with ClearDATA, and were confident this trend will continue.

ClearDATA CEO Darin Brannan is a veteran serial entrepreneur with more than 20 years of combined venture capital, entrepreneurial and public company executive experience. He was the founder of two successful NVP portfolio companies, Verio, Inc. and Website Pros (Web.com), both of which achieved successful IPOs and market leadership in their respective cloud/hosting segments. This represents the third time NVP has backed Brannan.

Norwest Venture Partners is the perfect partner for ClearDATA and we are extremely excited to have NVP as an investor, said Darin Brannan, CEO of ClearDATA Networks, Inc. Our company is experiencing explosive growth with new and prominent customers throughout the entire spectrum of small, medium and large healthcare organizations and providers. This funding will enable us to fully leverage our portfolio of service offerings to maximize our market position and revenue potential.

ClearDATA has a strong partnership and success with HP in providing healthcare-as-a-service and private cloud IT infrastructure utilizing technology from across the HP enterprise portfolio, including servers, storage, networking, software and services. ClearDATA also recently joined the HP CloudAgile Service Provider Program.

ClearDATAs healthcare cloud computing platform and information security services provide an exceptional hosting solution to organizations seeking to securely store and manage their patient information and medical images, said David DeAngelis, Health and Life Sciences CTO, HP. Together, HP and ClearDATA are helping healthcare providers realize the numerous benefits of the cloud with our converged medical infrastructure, while also maintaining the highest standards for data security and regulatory compliance.

ClearDATA customers include numerous industry leading ISVs to provide cloud-enabled, HIPAA-compliant versions of their respective software solutions. Medicity selected ClearDATA as its western US iNexx and Grid hosting provider because we wanted the best possible cloud computing platform for our customers in terms of security, performance, and reliability, said Scott Holbrook, executive vice president for Medicity, the industrys largest provider of HIE technology. After utilizing ClearDATA for nearly nine months, they have surpassed our highest expectations for technical expertise and professionalism, and set new standards for information security and patient privacy.

Several industry angel investors also invested in ClearDATA Networks in this round of financing. This group of healthcare luminaries includes: Jeff Margolis, Angel and Founding CEO and Chairman Emeritus of The TriZetto Group; Evan Hackel, Angel and Board/investor at MD Tech Pro and others.

About Norwest Venture Partners (NVP)

Norwest Venture Partners (NVP) is a global venture and growth equity investment firm that manages more than $ 3.7 billion in capital. Headquartered in Palo Alto, California, NVP has subsidiaries in Mumbai and Bengaluru, India and Herzelia, Israel and Hong Kong. NVP makes early to late stage venture and growth equity investments across a wide range of sectors including: information technology, business services, financial services, infrastructure, technology enabled services and consumer. NVP has actively partnered with entrepreneurs to build great businesses for more than 50 years and has funded nearly 500 companies since inception. For more information visit: http://www.nvp.com.

About ClearDATA Networks

ClearDATA is the market leader for cloud computing and information security services for healthcare providers, software vendors and VARs. ClearDATAs services enable providers to fully automate and securely manage healthcare medical records, applications, IT infrastructure and digital storage. The company provides HITECH HIPAA-compliant cloud and hosting infrastructure and managed services, offsite backup and disaster recovery, medical image archiving, information security and world-class support. The company offers HIPAA Security Risk and Remediation services through its U.S. Healthcare Compliance division to the healthcare industry in order to ensure that they meet the rigorous standards of security required for protected health information to demonstrate Meaningful Use. For more information, call 602-635-4000, email: sales(at)cleardata(dot)net or visit: http://www.cleardata.net.

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ClearDATA Secures Funding from Norwest Venture Partners for Healthcare Cloud Computing