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Transmode Systems Completes Funding Round

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STOCKHOLM, Sweden, Oct. 14 -- Transmode Systems, a Swedish supplier of transmission equipment for fiber optic networks, announced today it has closed an additional $10 million round of funding, led by Pod Holding. Existing investors Amadeus Capital Partners and European Equity Partners also participated in the round. The financing round was completed on October 8, with a major share carried by Pod Holding, bringing the total funds collected to $28 million since 2000. Transmode recently released a family of aggregators and a next-generation transmission system based on managed pluggable...Read full article

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    Published: October 2003
    CommunicationsNews & Features

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