It was over a year ago Juniper Networks and enterprise wireless LAN maker Trapeze Networks were linked together. But it was all talk. Fast forward to today – Telephony magazine reports that the company raised $30 million in Series D funding from Accel, Redpoint, Oak, and a bunch of previous investors. But the biggest surprise of this funding round was an investment from Juniper Networks. That brings the total funding to $102.5 million.
So the company has raised money from Nortel, Motorola Ventures (Series C) and now Juniper. It has partnerships with 3Com, D-Link and a bunch of others. Still, the deal could eventually spell bad news for Meru Networks, which had announced a deal with Juniper last year. Of course, this is not such good news for Aruba Networks as well. (See Aruba Dreams of IPO.)
Trapeze CEO Jim Vogt did a smackdown on Aruba in another news report.
“[Aruba is] coming directly to large enterprise accounts, and every time they show up in the lobby, they see three of my guys and Cisco. They’re getting squeezed.”
Not sure about that – Synergy Research’s second quarter 2006 data puts Aruba at #3 spot, with a 21% increase in market share from first quarter 2006. Cisco say a 4% decline during the same period.