Startup GiantLoop Network Inc. highlighted an emerging market yesterday in announcing its plans to offer an optical alternative to large enterprises.
GiantLoop has scored $40 million in funding from Greylock, Roger Marino, and Optical Ventures LLC. It will be using the cash to prepare a suite of services, including optical integration and managed optical networks, for large enterprises in the U.S.
Up to now, most companies involved in optical integration have focused on the carrier market. But GiantLoop joins a growing number of service providers and vendors who see big opportunities in the enterprise space.
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