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Vpacket Communications raises $40 million

Vpacket Communications announced Monday that it has raised more than $40 million for its third round of funding. NIF Ventures/Daiwa Securities Group led the round, which also included GE Asia Pacific Capital Technology Fund, Intel Communications Fund and previous investor New Enterprise Associates. Milpitas, Calif.-based Vpacket has raised a total of $60 million and received a 50 percent increase in its valuation with the latest round, a spokesman said. The company develops equipment designed to improve the quality of voice-over Internet Protocol networks by prioritizing voice packets as they travel through networks. If the voice quality drops below a designated threshold, the network operator is notified to fix the situation. See complete list.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
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Dawn Kawamoto
Vpacket Communications announced Monday that it has raised more than $40 million for its third round of funding. NIF Ventures/Daiwa Securities Group led the round, which also included GE Asia Pacific Capital Technology Fund, Intel Communications Fund and previous investor New Enterprise Associates. Milpitas, Calif.-based Vpacket has raised a total of $60 million and received a 50 percent increase in its valuation with the latest round, a spokesman said. The company develops equipment designed to improve the quality of voice-over Internet Protocol networks by prioritizing voice packets as they travel through networks. If the voice quality drops below a designated threshold, the network operator is notified to fix the situation.

See complete list.