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Article: United States: Ethernet co Actelis raises $10m.(Company overview)
- Article from:
- TendersInfo
- Article date:
- September 9, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: datta003
Ethernet over copper solutions developer Actelis Networks Inc. has raised $10 million from its current investors, Actelis investors Adams Street Partners, ATA Ventures, Argonaut Ventures, Carlyle Venture Partners, Dupont Capital Management, Global Catalyst Partners, Individuals' Venture Fund, Saints Capital, smac partners, T-Venture, Vertex Venture Capital, and Walden International Investment Group. The company had already raised $140 million since it was founded in 1998.
Actelis will use the capital to support further growth and deployment of its Ethernet in the First Mile (EFM) products by telecommunications network service providers, ...