Celion raises $45M Series B

America's Network, Sept 1, 2001

Celion Networks, which designs and manufactures optical networking products, has announced it has raised $45 million in its most recent round of venture financing. Global Innovation Partners, Intel Communications Fund, Lehman Brothers Venture Capital Group, Sequoia Capital and an undisclosed investor contributed to the round. Funds will be used for product development and operations.

COPYRIGHT 2001 Questex Media Group, Inc.
COPYRIGHT 2008 Gale, Cengage Learning

 

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