Laurel Networks was founded in 1999, and specialized in routers for telecommunications carriers. Funding was provided in four rounds the first two of which were: Round 1: $12.3m, led by New Enterprise Associates (NEA) and Rein Capital Round 2: $60.0m, led by NEA, Trinity Ventures, Worldview Technology Partners and WorldCom Venture Fund In 2005, after ultimately consuming $120m in venture capital funding, they were purchased by ECI Telecom for $88m, and formally renamed as the Data Networking Division within ECI. Their primary product is the ST Series of service edge routers. ECI considers the router's ability to do complicated traffic shaping, monitoring and QoS at line rate to be its primary competitive advantage. They are located in Robinson Township in the Pittsburgh region. They began the startup initially in Sewickley, PA. On November 8, 2011, it was announced that the Pittsburgh office would be closed and that all employees would be laid off by September 30, 2012. References External links ECI Telecom, Data Networking Division web site Companies based in Allegheny County, Pennsylvania Telecommunications companies of the United States Telecommunications companies established in 1999 American companies established in 1999 1999 establishments in Pennsylvania Companies disestablished in 2012 2012 disestablishments in Pennsylvania Defunct companies based in Pennsylvania