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Wufu Chen and prominent network technology entrepreneurs from Cisco, Motorola, Alcatel, Nortel, Ericsson and HP founded ANDA Networks in January 1998. The company's mission was to develop and market carrier-class communication solutions to meet the needs of carriers and service providers worldwide. To succeed in that goal, telecom veteran, Charles R. Kenmore, joined the company as president and CEO in January 1999, secured top-flight financing, and brought on experienced carrier networking leaders. The company's total funding to date is approximately $100 million. In December 2000, ANDA Networks acquired the research and development team as well as intellectual property from Wuhan Snow City Communication, the premier optical research company in China. This acquisition formed the core of ANDA-Wuhan operations and created an opportunity for organizational enhancement. The ANDA-Wuhan engineers were now performing top-notch bench-level circuit design and development, while the ANDA-Silicon Valley engineers were optimizing high-level architecture design, customization, customer service, standards compliance activities and advanced technologies research. This highly efficient Hybrid Silicon Valley Model combined with effective business processes made ANDA Networks a formidable low-cost carrier-access product developer and helped the company maintain a strong technology base, while providing quick responses to customer requirements. It is this synergistic structure that still remains at the core of the company. Today, ANDA Networks continues to provide innovative carrier-class Ethernet equipment solutions for delivering cost-effective Metro Ethernet services over fiber, copper, and wireless based access networks worldwide. Deployed on several Tier One carrier networks globally, ANDA's solutions portfolio includes: EtherToneÔ, a family of Metro Ethernet Forum (MEF) certified access products that enables carriers to deliver Ethernet private lines, VoIP, and Circuit-to-Packet managed services by leveraging highly economical Ethernet technology, and the Universal Access Platform®, an Optical Line Terminal, for carriers Fiber-To-The-Home (FTTH) PON deployments.