Brilliant Telecommunications Snags $7.1 Million in Series A Funding

Brilliant Telecommunications Inc., a developer of ultra-precise Network Timing Protocol (NTP) server technology, has secured $7.1 million in a Series A funding round led by ONSET Ventures. Also investing in the round were Asset Management, Draper Associates, Draper Richards, and Intellect Capital Ventures, LLC.  Brilliant plans to use this financing to accelerate product development, streamline operations, and fund commercial deployments.

Brilliant has developed an intelligent platform for packet-based networks that addresses the growing need for highly accurate timestamps across broad markets. Many industries, including telecommunications, finance, health, legal and manufacturing, need highly accurate chronological data archived to be compliant with existing and emerging regulations, such as Sarbanes Oxley, HIPAA, and NASD Rule 132.

Brilliant’s hardware-based timestamp technology has been well received in the market place due to its ability to easily integrate into existing networks while addressing strict regulatory demands for accurate and legally traceable time.