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Coriolis Nets $20 Million in Second-Round Funding

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BOXBOROUGH, Mass., Aug. 23 -- Coriolis Networks Inc. has recently ended a $20-million second-round venture investment. So far, the company has brought in a total of $28.5 million in investments. Contributors in the most recent round of funding included existing investors Bessemer Venture Partners, New Enterprise Associates and Columbia Capital. New investments came from the Boston University Community Technology Fund. Coriolis will use the money to keep on producing and developing metro-optical equipment for fiber-based network service providers. This second round of venture...Read full article

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    Published: August 2000
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