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Remember 2004?

The Philter
The Philter
The Philter
9/20/2005

6:00 PM -- Guess what company was the third largest communications investment made by venture capitalists in 2004.

Mahi Networks Inc.

Seriously.

Now that 2005 is nearly over, I just got my shiny new copy of the National Venture Capital Association 2005 yearbook, and that was one of the stats from yesteryear that made my head swim.

With about $70 million raised in one big round back in 2004, Mahi was a big fish in the venture world for about 10 minutes. Since that time, the company has floundered.

So what'll happen to Mahi now that Tellabs Inc. (Nasdaq: TLAB; Frankfurt: BTLA) has apparently bagged a big chunk of Verizon Communications Inc.'s WDM business?

— Phil Harvey, News Editor, Light Reading

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Lite Rock
Lite Rock
12/5/2012 | 2:59:48 AM
re: Remember 2004?
Since the weather is about to change here in Telecom Wasteland Lets have an end of summer bash. I like my Mahi grilled with lemon butter please...

The big question is domestic or import brew?

Mahi has become technically irrelevant.
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