Xertel Receives First Round Funding

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October 16, 2001 — (WEB HOST INDUSTRY REVIEW) — Xertel (xertel.ie) has announced yesterday that it has received first round funding to the tune of Stg £300,000 from a private
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investor. This funding will be used to bring its flagship product, Voyager,
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to market in the Republic of Ireland and the UK.
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Xertel, founded a year ago by Adrian Wooster, is a telecommunications
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enhancement and management company. Voyager, developed in-house, allows
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companies to manage one of the most difficult and low level technologies,
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bandwidth. Voyager allows for dynamic allocation of bandwidth from a single
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source to multiple sources. It provides two-way information, allowing costs
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to be driven back up through the organisation as well.
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Early customers of this technology are hotels, conference centres and
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managed services organisations. These businesses are required to provide
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bandwidth for their customers but traditionally the partition,
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implementation and invoicing of this service have not been possible.
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Wooster, whose most recent background in network management for computer
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giant Amdahl, found that companies were unable to evaluate costs for
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telecommunications networks. Business managers did not have the tools to
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quantify costs and engineers were not required to provide cost-benefit
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analysis.
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“Bandwidth is a commodity,” explains Wooster. “Just because it comes at the
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end of the technology chain does not mean that it cannot be measured, priced
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and monitored. We have created a value chain from the commodity to the
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final service received by customers.”
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Currently, Xertel has two major companies in the final stages of becoming
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customers. It expects to be able to name these customers this quarter.

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