Silicon Access Closes $56m 3rd Round

Fuels development of OC192 interfaces for network processors

October 3, 2000

1 Min Read

SAN JOSE, Calif. -- Silicon Access Networks, Inc., a leading network processor start-up company, today announced it has secured $56 million from new and existing investors in its third round of funding. The investment will help Silicon Access Networks ramp up development of its iFlow chipset for the next generation 10G/OC192 layer 4+ switches, routers, and Internet edge devices.

Affiliates of Soros Private Equity Partners, a new investor in the company, led this round of funding. In addition to Soros Private Equity Partners, new investors in this round include Pivotal Asset Management and Morgan Stanley Dean Witter. Existing investors also participated in this round, including Comdisco Ventures, the Intel Communication Fund, Norwest Venture Partners, the Raza Venture Fund, the Sprout Group, the venture capital affiliate of Donaldson, Lufkin & Jenrette, Inc., Synopsys, and Tallwood Venture Capital, managed by Dado Banatao.

http://www.siliconaccess.com/news/thirdfundinground.html

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