Start-Up Pareto Networks Offers Cloud Service for Rapid Branch Office Setup

The start-up is positioning its cloud-based offering as a way to rapidly set up branch offices. It includes a device called the Pareto Branch Gateway, which can control VoIP use, video, IP address management, SSL VPN tunnels, authentication, Web security filtering and other functions. IT managers can manage these functions remotely, through Pareto's cloud.

Pareto was founded in 2007 by Carl Mower, Pareto's vice president of engineering, and company CEO Matthew Palmer. According to Peachey, the company has received about $8 million in funding from Retro Venture Partners as well as investors that include James Jordan, former CEO of Kalpana; John McNulty, former CEO at Secure Computing; Frank Marshall, a private investor who has held executive positions at Covad Communications, Cisco and Juniper Networks; and Tom Kendra, executive vice president of CA's Enterprise Products and Solutions Business.