Financing for the nearly year-old company, whose security systems operate over the Web, included funds from Cox Communications, Adelphia Communications, Charter Communications, Shaw Communications, Comcast and Cablevision Systems. The funding will go to continued technology development and preparing the product launch. Lindaur and President and CEO William Glasgow had spent two decades at Prime Cable, he says. Lindaur credits the cable companies and their CEOs with having the confidence in the new venture to fund it. We've been very satisfied.
Cable companies use the product on existing systems without affecting other uses.
TRW launches fiber optic supplier TRW launched Velocium, a new provider of high-speed InP and GaAs components, and other products for fiber optic and wireless telecom systems. Headed by President Dwight Streit, Velocium's initial product lines include integrated photoreceivers, modulator drivers and amplifiers for fiber optic systems operating at 40 Gbps and faster. It also includes InP power amplifiers for 2.5G and 3G wireless handsets. Velocium's first product is a 40 Gbps OC-768 integrated photoreceiver, available this month. Power amplifier products will be available in 2002.