Close

Search

Search Menu
Photonics Media Photonics Marketplace Photonics Spectra BioPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook

Greenfield Networks Raises $21.5M

Facebook Twitter LinkedIn Email
SUNNYVALE, Calif., Sept. 20 -- Greenfield Networks Inc., a developer of Ethernet switching silicon products, announced today it has completed its third round of private venture funding, raising $21.5 million. New investor JPMorgan Partners is leading the round, and existing venture partners Sequoia Capital, Global Catalyst Partners and Walden International are participating.

The company said the $21.5-million investment, which brings the total funding in Greenfield to $48 million, is one of the largest single private investments in a semiconductor company in the last few years.

"This capital enables the company to aggressively pursue additional market opportunities and accelerate expansion plans," Greenfield said in a statement. It expects to reach profitability next year.

For more information, visit: www.greenfieldnetworks.com


Photonics.com
Sep 2004
Ethernet switchingGreenfield NetworksNews & Featuressilicon

back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2023 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, [email protected]

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.