Will fund further development of metro gear

August 22, 2000

1 Min Read

BOXBOROUGH, Mass. -- Coriolis Networks, Inc. (www.coriolisnet.com) today announced that it has closed on a $20 million second-round venture investment, bringing its total funding raised to date to $28.5 million. In addition to receiving funding from incumbent investors Bessemer Venture Partners, New Enterprise Associates and Columbia Capital, the second round also includes investments from the Boston University Community Technology Fund.

http://www.coriolisnet.com/about/press/press005.html

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