HALIFAX, Nova Scotia -- Core Networks, a developer of activation and network management software solutions for the high-speed Internet over cable industry, today announced that Royal Bank Capital Partners and Intel Capital have invested in the company as part of a follow-on round to its March financing. The funding will be used to support Core Networks' aggressive growth plans and to expand business development activities. Details of the financing were not disclosed at the request of the investor companies. In March, Core Networks announced US $10.5 million in Series B equity financing led by Royal Bank Capital Partners Telecommunications Fund, with participation from Skypoint Capital Corporation and ACF Equity Atlantic Inc. "Our successful financings are a testament to the bright future of the high-speed Internet over cable industry," said Jeffery Campbell, CEO, Core Networks. "Cable broadband subscribers outnumber DSL subscribers by a 2:1 ratio. Core Networks will continue to help service providers double their daily installations and increase revenues."Core Networks Inc.