Evergreen, Vertex invest in Ethos

Evergreen Venture Partners and Vertex Venture Capital have invested $6 million in Ethos Networks, a start-up company based in Herzliya.

By DAVID YANKELEWITZ
April 5, 2006 08:15

 
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Evergreen Venture Partners and Vertex Venture Capital have invested $6 million in Ethos Networks, a start-up company based in Herzliya. Founded in 2003, Ethos develops Ethernet switches that provide intelligent data transport capabilities using layer 2 Ethernet. This lets operators of communications networks flexibly allocate network resources to extend their services, while minimizing costs. Evergreen and Vertex's investment in Ethos is intended for research and development.

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