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Tech Industry

Issanni grabs $3 million

Issanni Communications received a $3 million first round of funding from strategic partner UTStarcom. Issanni, based in Eatontown, N.J., designs technology to help service providers offer and manage DSL, cable and wireless services and applications. UTStarcom, which makes wireless and wired network access and switching systems, also entered into a $2 million licensing commitment with Issanni--creating a $5 million funding and licensing agreement for the start-up. See complete list.

Issanni Communications received a $3 million first round of funding from strategic partner UTStarcom. Issanni, based in Eatontown, N.J., designs technology to help service providers offer and manage DSL, cable and wireless services and applications. UTStarcom, which makes wireless and wired network access and switching systems, also entered into a $2 million licensing commitment with Issanni--creating a $5 million funding and licensing agreement for the start-up.

See complete list.