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IN THE NEWS - 2001

Net Economy Logo
Media Servers: A Packet-Voice Evolution
“A media server is responsible for the heavy processing chores that applications, such as interactive voice and conferencing, require. It takes care of such mundane but crucial tasks as decoding and compression.”
CommWeb Logo

Media Servers: A Port in the Recessionary Storm?
November 12, 2001
“The media server is one of the few product categories that offers service providers a real value proposition in dark economic times.”

Net Economy Logo
IP Telephony Market Begins to Stir
October 23, 2001
“In addition to next-generation players, such as Telica and Sonus, breaking ground with incumbent carriers, several other software and hardware makers say that dark clouds could soon be lifting.
Sounding Board Logo

Who's Getting Money?
October, 2001
Why has Convedia been successful in securing financing in today’s tighter market?

Business in Vancouver Logo
Cash flows for B.C. tech
October 9, 2001
“Convedia raises $30 million [Cdn] as other companies also secure financing.”
Silicon Valley North Logo

Convedia secures $30M in financing
October 1, 2001
Vancouver’s Convedia Corp. said Monday it has secured $30 million [Cdn] in financing for marketing and development of its voice and video media computer servers.

National Post Logo B.C. Internet startup nets top venture capital fund
September 26, 2001
“California-based investor to put $30-million [Cdn] into Convedia.”
Globe and Mail Logo Convedia to announce $20-million financing.
September 26, 2001
“Convedia Corp. of Vancouver is set to announce a $20-million (U.S.) financing from a group of U.S. and Canadian investors. Convedia, which makes products that allow voice and video services to be shipped through Internet Protocol networks, is expected to announce the deal on Monday. A spokeswoman for Mayfield, a venture capital firm based in Menlo Park, Calif., said yesterday it is one of the participants in the financing.”
Upstart Logo

Media Moguls.
October 1, 2001
“Enhanced services like conferencing and unified messaging are often heralded as a cash cow for carriers. But as carriers added these systems to their networks, they noticed that, altough each system delivered a different application, their insides contained a lot of the same media-management stuff—a matrix switch, computing resources, digital signal processors (DSPs), etc. Sooner or later, it occured to someone to delegate all these functions to one device....”

The Deal Logo Networking Hardware and Software - Convedia.
October 1, 2001
“Vancouver, British Columbia-based Convedia Corp., a provider of media servers for IP networks, is expected to announce Monday a $20 million venture funding round from a group of Canadian and U.S. investors, The Globe and Mail reported. Among the group is Menlo, Park, Calif.-based venture firm Mayfield Fund. In September 2000, Convedia raised $11.25 million in its prior venture financing round from Celtic House Investments, Alcatel, MDS Capital, Ontario Teachers' Pension Fund and Altamira.”
Internet Telephony Logo Media Servers: Enabling Enhanced Services.
August, 2001
“Even the most casual reader of this magazine can understand the importance that carriers of all types place on enhanced services. Enhanced services represent perhaps the major reason for building out next-generation infrastructure.”

Sounding Board Logo
Serving the Media.
“A new class of natively next-gen network element, called a media server, will power exciting new applications that weren't even possible before.”
Computer Telephony Logo
Network Based Media Servers: The Next Generation.
April 5, 2001
“ IP has redefined the mechanics of application media service - moving voice, speech, and other forms of signal processing out into the cloud, into specialized, independently scaling servers, behind open interfaces. Easier and faster application building is the short-term goal. A new set of services may be the ultimate payoff.”

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