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Big Bear Networks Raises $40M

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MILPITAS, Calif., Jan. 31 -- Big Bear Networks, an optical networking provider designing "photronic signal processing" products for next-generation 10- and 40-gigabit-per-second optical carrier equipment, has raised $40 million in its second round of private funding. Lead investors are Austin Ventures, and Menlo Ventures. Other participants in the current funding round include Oak Investment Partners and original investors Accel Partners and Sequoia Capital, which together invested $20 million in Big Bear in June 2000. Venu Shamapant, partner at Austin Ventures, and Thomas Bredt, managing...Read full article

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    Published: January 2002
    CommunicationsNews & Features

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