FREMONT, Calif. -- Ikanos Communications, Inc., a developer of next-generation broadband silicon solutions, today announced that it has raised $25 million from both new and existing investors in its Series C round of funding. Total funding secured to date is more than $42.5 million. Ikanos will use the capital to continue to fund research and development as well as new customer acquisition. The company also announced that Danial Faizullabhoy, a partner at lead investor, Walden International, is now a member of the Ikanos board of directors. In addition to Walden International, other new investors include JPMorgan Partners and Ridgewood Capital. All major existing Ikanos investors—Anthelion Capital, Greylock Partners, Sequoia Capital, and Telesoft Partners—also participated in the Series C round. "Our thesis is of a large worldwide copper infrastructure that will demand high-speed broadband services, while fiber penetrates a fraction of the global market in the next decade," said Danial Faizullabhoy of Walden International. "We believe Ikanos is well positioned to leverage this global demand, through its product architecture that is ahead of the competition; it supports multiple services and a wide range of speeds, is future proof, and addresses the broadest possible market." Ikanos Communications Inc.