Updated Again: So I am getting old. It took more three days to find out all the skinny I needed to find out on Stoke. That’s my excuse for slow blogging, by the way. Here is an update on Stoke.
* Founded in March 2004, and funded by Silicon Valley Angels. In May 2004, raised A round of VC funding from KP and Sequoia. In June 2004, raised more “working capital” from Lighthouse Capital and Silicon Valley Bank. The B-Round was led by Integral Capital Partners and Pilot House.
* Apart from Randall Kruep who is the CEO, the team includes Peter Wexler, who is the VP of Engineering and recently of Juniper Networks. Bill Evans is handling the Hardware side of things, while Bill Snow is the software guru. Evans comes from Nortel/Shasta, while Snow is a Cisco alumni. Bunch of others who are all from either Cisco, Juniper, Redback or Wellfleet.
* They are a two part solution - and without going into technical mumbo-jumbo, they are making what they call a Mobile Session Router (MSR) and Convergence Signal Gateway (SGN) and it will all be managed through a special software.
Updated & Corrected: A five-letter-stealthmode start-up, Stoke, has Silicon Valley buzzing - thanks to investments from KP and Sequoia, the guys who last time teamed up to invest in Google and made billions. Our friend Matt Marshall over on Silicon Beat has been busy trying to ferret out details, but not much information is to be found.
This is an investment spearheaded by former Redback Networks executive/Sequoia partner Guarav Garg. The company is led by former Procket Networks CEO Randall Kruep. Other investors in the company include Integral Capital Partners and Presidio Financial Partners.The moneymen want to keep a lid on this one, and from company’s website you can’t really guess much. Still, I had to try.
My sources in the telecom/networking universe tell me that the company is building some sort of a gateway that helps bring together standard cellular and in building WiFi/WiMAX networks. This is an area of lot of interest amongst carriers and equipment makers. Everyone from Lucent, Nokia, Ericsson, Nortel and not to mention start-ups such as Bridgeport and Kineto are chasing this market.
Light Reading adds: Stoke is working on a box that will enable an end-to-end VPN connection from “any-to-any” network point. So that could be a WLAN network to a GSM network, or a cable network to WiMax.
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4 trackbacks so far
4:53 AM PT
[...] Om Malik wants to know. A tech client of mine has told me that privately Google has been looking at some sort of wifi service and operating system type investment. [...]
7:53 AM PT
Stoke, the latest company with five letters, including S, K and E
Updated While we’re on the topic of recent Sequoia Capital investments, we’ll mention another new Silicon Valley deal that hasn’t disappeared from Sequoia’s Web site — at least yet. It is Stoke, which has a Skype-like ring to its name. It is a Mou…
6:23 PM PT
[...] I love Om Malik’s blog because it’s where I find out about the coolest new things, for instance, a startup called Stoke that is “building some sort of a gateway that helps bring together standard cellular and in building Wi-Fi/WiMAX networks.” Stoke’s investors are the same people who funded Google. To find out more, click here. [...]
9:17 AM PT
Stoke coming out of stealth modus
Seems that upstart Stoke has come out of stealth modus. Om Malik previously uncovered Stoke on his blog. Stoke’s website has been updated, and a marketing brochure (pdf) has been added. One key-word in this whole context of seamless connectivity
10 comments so far
3:25 AM PT
Google is 5 letters?
3:35 AM PT
Sure by the time I hit post they’ll be millions of these, but ‘Google’ is one-two-three-four-five-SIX letters. Sorry.
3:54 AM PT
“Google” is only 5 letters?
4:50 AM PT
Om - Interesting but you need to change the intro. Google has six letters :-)
Russell
8:25 AM PT
yeah…. oh am i the fool on this one. totally messed up on this one … reminder to self…. don’t write when consuming vodka. not a good mix. i must have been thinking about skype etc.
11:59 AM PT
A little vodka is 5 letters, a lot of vodka is 10 letters :-)
12:05 PM PT
i know….. vodka vodka and…. forget….
3:20 PM PT
Hard to get excited about another FMC/IMS gateway when what the world desperately needs is mobiles that support this functionality.
9:44 PM PT
Check this out. Many Americans think VOIP is a low carbohydrate vodka :-)
(link)
3:06 PM PT
Well, all the above except Bill Evans
has left the place. No customer, one trial
canceled.
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