Teknovus raises $28 million in mezzanine financing round.(FINANCING)
Publication Date: 01-SEP-07
Publication Title: FTTX
Format: Online
Company: Lightspeed Venture Partners

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Description

Teknovus, a provider of Ethernet passive optical network (EPON) chips for the deployment of triple-play services in broadband access networks, announced that it has secured $28 million in equity financing.

The significant demand for the round by new and existing investors reflects Teknovus's strong position in the fast-growing fiber access market....



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