NFV Management & Orchestration NEWS

Orchestration Outfit CENX Garners $12.5 Million in Funds

By Paula Bernier August 11, 2015

Lifecycle service orchestration solution provider CENX today announced that it has raised $12.5 million in new funding.

BDC Capital, Mistral Venture Partners, and VMware are new CENX investors this round. Other participants in the Series D financing round include all current CENX investors: Cross Creek Advisors, DCM Ventures, Ericsson, Highland Capital Partners, Mesirow Financial Private Equity Inc., and Verizon Ventures, a subsidiary of Verizon Communications Inc.

CENX plans to use the money to continue development on its Cortx Service Orchestrator, and expand its reach to address new opportunities.

Speaking with NFV Zone earlier this week, CENX CEO Ed Ogonek said the company’s solution is already in use commercially by several companies, two of which have publicly announced the relationships.

A data center provider called CoreSite is leveraging Cortx to offer connectivity services both within and across its data centers. In this case, the customer is using the CENX portal to see where connectivity is available, and then the solution establishes connectivity and real-time assurance among those services, Ogonek explained. CENX also provides Ericsson Managed Services with service assurance for its mobile backhaul managed services.

The CENX service orchestrator is also deployed at two of the top four U.S. mobile operators, he said, again with a focus on service assurance for mobile backhaul—but now also moving into IoT implementations. And a couple of wireless providers that sell Ethernet or VPN services use Cortx to turn up services faster and do service assurance, said Ogonek, adding that solution provides users with strong visualization, and continuous real-time auditing of their networks and management systems.

Image via Shutterstock

All of the above activities are commercial deployments involving services and networks such as 4G, Ethernet private line, and IP VPN, Ogonek said. CENX’s Cortx is also in trials and proofs of concept relating to its use in network functions virtualization and software-defined networking implementations, he added.

Orchestration has, of course, become a popular term along with the rise of NFV and SDN. But while some orchestration solutions focus specifically on configuration, provisioning, or turn up, Ogonek said, the Cortx Lifecycle Service Orchestration solution does all that, plus real-time service assurance.

The lifestyle service orchestration market is expected to see a compound annual growth rate of nearly 60 percent, to reach $2.7 billion by 2019, according to The Rayno Report.    




Edited by Dominick Sorrentino

Executive Editor, TMC

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