Business Services Industry

Hyperchip Funding Reaches $100 Million - Company Financial Information - Brief Article

Telecommunications, Nov, 2000

How hot is the high-speed routing market? Montreal-based Hyperchip secured $67 million (Cdn $100 million) in its third round of funding for a total of $100 million (Cdn $147 million)--Canada's largest funding package for a prerevenue company. A group of 15 investors led by Optical Capital Group funded Hyperchip, which is working to develop a petabit router.

COPYRIGHT 2000 Horizon House Publications, Inc.
COPYRIGHT 2001 Gale Group

 

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