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Accedian Networks Inc. Announces US$4.0 Million in Series A Financing from Skypoint Capital(R) and Solidarity Fund QFL.

Publication: PR Newswire
Publication Date: 09-MAR-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
MONTREAL, March 9 /PRNewswire/ -- Accedian Networks Inc., developers of the EtherNID(TM) Ethernet Services Demarcation Point, announced today that it has received US$4 million in Series A financing from Skypoint Capital Corporation and Solidarity Fund QFL ("The Fund").

"Skypoint and The Fund are not only financial partners in Accedian Networks but also bring strong technology validation, an unmatched network of industry contacts, strong corporate governance, and local support," said Patrick Ostiguy, founding President and CEO of Accedian. "Their investment in Accedian gives us...

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