Samsung invests USD 5 mln in Stoke
Samsung Venture Investment Corp is investing USD 5 million in Stoke, to help accelerate development of LTE mobile broadband equipment. Used in LTE networks to secure voice, data and video traffic, Stoke's SSX Multi-Service Gateway delivers high IPsec processing capability together with eNodeB link resilience and the high availability required for high-capacity, high-volume mobile networks. Stoke's secure eNodeB aggregation application, Security eXchange, also claims to be the current market leader in numbers deployed in live operator networks. Focused on delivering multiple critical, concurrent functions emerging between the LTE RAN and evolved packet core, Stoke SSX helps operators keep network device count down, while securing core network services and subscriber communications.
Other investors in Stoke include Kleiner Perkins Caufield & Byers, Sequoia Capital, Focus Ventures and NTT Docomo.
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