May 6, 2020, Irvine, California: Telescent, a leading manufacturer of automated fiber cross connects for data centers, announces that it has raised a total of $16 million in its recent financing round from a group of leading venture capitalists and private equity firms. To date, Telescent has raised over $28 million.
“The Telescent Network Topology Manager brings automation to the physical fiber layer - the only remaining layer of optical networks that has not been automated,” said Dr. Niel Ransom, partner at WRVI Capital, a leading Bay Area venture capital firm. “We are excited to provide working capital as Telescent supports growing deployments around the globe and is on track to achieve profitability in early 2021. The recent COVID-19 pandemic has demonstrated the increasing dependence on data networks for a range of business and residential needs and reminds us that data centers must embrace robotics and automation to ensure rapid response, high availability and resiliency.”
By bringing automation to the fiber layer, the Telescent system offers a compelling value proposition and a rapid return on investment. Automation allows data center operators to offer premium services for added revenue while also reducing operational expense. Manual processes that take hours of labor are performed in minutes. Reliability is also improved by automation since operator error is a common cause for downtime. The Telescent system adds flexibility to the network in place of the static fiber layer and allows data center operators to respond to varying customer demands.
Telescent’s patented robotic Network Topology Manager utilizes a unique approach to fiber optic automation and health monitoring by preserving the desirable features of manual patch-panel systems (today’s industry work horse). Features include scalability from 100 to >10,000 duplex ports, low optical loss (<0.5 dB), single mode and multimode signal handling, latched connections and affordable pricing, all while totally automating the physical cross-connect service delivery process and eliminating human errors. Telescent systems can scale to meet a range of multi-tenant data center needs, from customer cages to Meet-Me-Rooms to campus wide environments with several thousand cross-connects and is currently being deployed by major data center operators worldwide.
About Telescent
Telescent Inc. is dedicated to developing and deploying optical layer automation systems that ensure maximum signal integrity for next generation data center automation. By virtualizing physical optical interconnections, the last remaining layer of the network operated manually, Software-defined Networking (SDN) can deliver on its promise of true Layer-7 to Layer-0 automation spanning the entire OSI stack! For more information about Telescent, including product updates, visit the company’s website at www.telescent.com.
Contact
Bob Shine
(858) 248-1475