Centerpoint Raises $40 Million

Centerpoint Raises $40 Million

March 1, 2000

1 Min Read

Centerpoint Broadband Technologies, Inc., a developer of optical network transport solutions, today announced the completion of its Series C preferred financing of over $40 million, the majority of which was provided by leading investment groups, Menlo Ventures and U.S. Venture Partners. Indicative of their belief in Centerpoint's success, current shareholders BancBoston Ventures Inc., ComVentures, ViVentures, and Cisco Systems, Inc. also participated in this round.


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