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VC Report Holds LuxN SurpriseVC Report Holds LuxN Surprise
Tucked in a market research report is news that LuxN's mysteriously secreted away $34.5M in funding
November 11, 2002
3 Min Read
The latest report from Growthink Research says venture capital firms shelled out better than $4.9 billion in the third quarter of calendar 2002, and nearly 38 percent of that went to fund connectivity companies, including a sizeable chunk to optical networking startups.
And an unannounced $34.5 million has gone to an established player, DWDM vendor LuxN Inc., according to the Growthink report.
Hang on! If you've done a doubletake, so did we.
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