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Atoga Systems Secures $50 Million in New Financing

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FREMONT, Calif., May 2 -- Atoga Systems Inc., a provider of intelligent wavelength division multiplexing solutions using tunable lasers, announced it has secured more than $50 million in equity and debt financing from financial and strategic investors. The new funding will enable the company to enhance product development activities, boost sales and marketing operations, broaden customer service and support capabilities, ramp up manufacturing and expand into international markets.     The lead investors on Atoga's equity financing are Silicon Valley Internet Capital, which provides capital...Read full article

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    Published: May 2001
    CommunicationsindustrialNews & Features

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