Telecommunications magazine has named Internet infrastructure company Caspian Networks one of 10 “Hot Startups” for 2002.

Caspian, incorporated in February 1999 by Internet pioneer Lawrence Roberts, has a major research and development group in Research Triangle Park.

In addition to Telecommunications, Caspian has received similar recognition from Red Herring, Upside, Light Reading and the San Francisco Chronicle.

Each year Telecommunications chooses a handful of companies that editors feel exemplify world-class startup excellence. These
companies are profiled in the magazine’s June issue, distributed
to more than 58,000 subscribers in North and South America, and
to attendees of the Supercomm communications show in Atlanta.

In addition to Caspian, other companies named “Hot Startups” are BigBand Networks, Cedar Point Communications, Laurel Networks, Polaris Networks, Trendium, Vibrant Solutions, Vivace Networks, WaterCove Networks and Winphoria Networks.

Core router startups have attracted a lot of attention this year, so the magazine looked carefully at this market segment, it said, and Caspian stood out.

“We interviewed the highest-profile core router vendors for these awards, and delved into each, under NDA if necessary, to fully discover what they’re really doing,” Sue O’Keefe, Telecommunications editor-in-chief, said in a statement. “After
our due diligence, which included speaking with industry insiders and customers, we believe Caspian Networks is best poised for success. Caspian has strong financial backing, proven leadership talent, marketing savvy and, most importantly, a product architecture that could have a significant impact on how service providers build and use IP networks.”

Caspian Networks: www.caspiannetworks.com