Turin Networks Gets Strategic Investment
Petaluma-based Turin Networks, a developer of equipment for the Carrier Ethernet market, said Thursday that the firm has scored a strategic investment from Dubai-based Millenium Private Equity. Financial terms of the deal were not disclosed. Millenium Private Equity was made through MPE's Telecom, Media, and Technology Fund. Turin networks was advised by Advanced Equities in the deal. Turin Networks has previously raised funding from Advanced Equities, Baker Capital, DCM-Doll Capital Management, Motorola, Sequoia Capital, Tellabs and Tudor Ventures.
posted on Thursday, September 25, 2008 (Link to more information)
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