Caspian, which created new-age router, to throw in towel
San Jose’s Caspian Networks, which had raised $317 million in venture capital to create a next-generation router, has given up and looking for a buyer, according to several reports.
The company’s saga mirrors the Internet boom and crash. It emerged in the late 1990s, with founder Lawrence Roberts creating a lot of excitement around the company’s vision. Roberts, who is credited for co-founding the Internet (as developer of ArpaNet), talked early about the need for a… Continue Reading