8:15 AM -- Remember Rich McGinn? If you were in the telecom business around the turn of the millennium, the name will probably be familiar.

McGinn was the Lucent CEO who presided over the dramatic dip in that company's fortunes as the telecom sector headed into the downturn. He was ousted by the board in October 2000. (See McGinn: McGone and Lucent Supernova.)

In 2001 he emerged as an advisor to RRE Ventures , and soon became a general partner. Since then he has joined the boards of a number of telecom equipment firms that have received cash injections from RRE. (See McGinn McFound, Meet My Shareholders?, Taqua Racks Up $20M, and Mintera's in the Money.)

His latest seat is on the board of WAN optimization startup Certeon . Read the Byte and Switch story, Certeon Ascertains $15M, for the full details.

— Ray Le Maistre, International News Editor, Light Reading