Telica Closes $50 Million Second Round

Telica Closes $50 Million Second Round

May 17, 2000

1 Min Read

Telica, a developer of multi-service broadband switching systems, today announced their second round of financing totaling over $50 million.

Oak Investment Partners led the current round of venture funding followed by Bessemer Venture Partners and Nassau Capital. These new second-round investors are joining first-round investors, Prism Venture Partners and Highland Capital Partners, to create a first-class investor team that will back and support Telica strategically and financially.

http://www.telica.com

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