networking-calico is the Neutron ‘stadium’ sub-project that provides ‘Calico’ connectivity and security in an OpenStack/Neutron cloud.
Calico (http://www.projectcalico.org/) uses IP routing to provide connectivity between the workloads in a data center that provide or use IP-based services - whether VMs, containers or bare metal appliances; and iptables, to impose any desired fine-grained security policy between those workloads. Calico thus differs from most other Neutron backends, which use bridging and tunneling to simulate L2-level connectivity between the VMs attached to a Neutron network.
Calico networks also differ semantically from (non-external) Neutron networks, but are arguably similar to external Neutron networks, in that
networking-calico works today with vanilla Liberty OpenStack (and there is a DevStack plugin that makes it very easy to try this - see http://docs.openstack.org/developer/networking-calico/devstack.html).
The remaining issue is just that the Neutron API does not properly describe the semantics that Calico delivers: Calico’s connectivity semantics differ from what an operator might expect, given the sequence of Neutron API calls that is made to set up a Calico system. Work to address this is in progress at https://review.openstack.org/#/c/238895/. Please do contribute your opinion there, if this is of interest to you.