Monday
Dec092013
Compass-EOS raises $42M
Monday, December 9, 2013 at 9:19AM
Compass-EOS has raised $42 million in investment. The Israeli start-up launched its r10004 IP core router in March and has so far announced two customers: NTT Communications and the China Education and Research Network, CERNET. The company says it has a second tier-one operator yet to be announced.
"Both global operators have purchased routers on several occasions for several types of deployments," says Asaf Somekh, vice president of marketing at Compass-EOS. “There are also a couple more smaller operators that we cannot disclose at this stage." The company is involved in several trials in the US, Japan and EMEA.