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NEC Eluminant Technologies Adds $5 Million To Funding

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CHANTILLY, Va., Feb. 18 -- NEC Eluminant Technologies Inc. said it has finalized a funding agreement with Yasuda Enterprise Development Co. Ltd. to support eLUMINANT's growth in fiber-based broadband products and services. Yasuda Enterprise Development Co., Ltd. is one of the largest venture capital companies in Japan. Its investment of $5 million in eLUMINANT, in addition to investments of $26 million announced last fall, brings eLUMINANT's total Series A funding to $31 million over the past four months. "We're very pleased that Yasuda shares our vision for the future of optical networks and...Read full article

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    Published: February 2002
    CommunicationsNews & Features

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