Broadband World News - Gfast Chip Specialist Sckipio Raises $10M

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Gfast Chip Specialist Sckipio Raises $10M Broadband World News, , 5/8/2018 Email This Print Comment Login 50% 50% RAMAT GAN, Israel -- Sckipio Technologies, the leader in Gfast chipsets, announced at the Intel Capital Global Summit it has raised $50M USD to date with its latest $10M USD round led by semiconductor leader MegaChips. Intel Capital, Pitango Venture Partners, Genesis Partners, Gemini Israel Ventures, Amiti Ventures, Aviv Ventures, CIRTech Fund and Axess Ventures also invested in the round. The additional investment will be used to support the global rollout of Gfast with tier-1 service providers. In a recent survey by Broadbandtrends, 80% of service providers plan to deploy Gfast by the end of 2018. “Gfast technology is an important technology, especially in multi-dwelling units (MDUs),” said Teresa Mastrangelo, Broadbandtrends founder. “We see a tremendous global opportunity for Gfast and see Sckipio as the leading player,” said Akira Takata, MegaChips president and CEO. “Of equal importance, MegaChips has a long history working with Sckipio executives and believes strongly in the company’s team, technology, vision and execution.” “The Sckipio team has incredible technological foresight and knows how to bring true innovations to the market,” said David Baum, Sckipio CEO. “The new investment will fund R&D at the level required to be a continual leader in the Gfast market.” Sckipio Technologies comments		Latest Articles Playlist: 'The Divide' on the Light Reading Podcast Here's where you can find episode links for 'The Divide,' Light Reading's podcast series featuring conversations with broadband providers and policymakers working to close the digital divide. Cable Next-Gen Europe returns online As we have for the past two years, Light Reading will present our Cable Next-Gen Europe conference as a free digital symposium on June 21. Charter starts to book RDOF revenues Charter has sparked RDOF work in all 24 states where it won bids. The cable op booked about $19 million in RDOF revenues in Q1, and expects to have about $9 million per month come in over the next ten years. Cable Next-Gen event goes online again As we have for the past two years, Light Reading will stage the Cable Next-Gen Technologies & Strategies conference as a free digital event over two half-days in mid-March. AT&T lights up multi-gig fiber speeds in dozens of US markets Launch of 2-Gig and 5-Gig FTTP tiers in 70-plus markets puts more pressure on cable ops to enhance their existing DOCSIS 3.1 network or accelerate their upgrade activity centered on the new DOCSIS 4.0 specs. More Blogs Information Resources >> Is Network Security Keeping You Awake at Night? >> Does Your Fiber Plant Have What It Takes To Support 10G Services >> Customer Support Blueprint: Your Guide to Key Performance Indicators >> The Marketer and the Broadband Service Provider: Trends, Challenges, and Opportunities >> eBook: Three Steps to Plan, Fund, and Design a Solid Broadband Network >> How regional ISPS are bridging the digital divide through innovation >> IPv4 Cost Estimator >> The Customer 360 Playbook >> Heavy Reading Whitepaper: Monetizing 5G with B2B2X >> Drive Down Costs, Drive New Services Forward: Discover the Freedom of Disaggregation in Your Network All resources