Infinera Raises Another $110M
Hot optical startup Infinera Corp. (Nasdaq: INFN) has raised another $110 million, taking its total VC funding to $315 million.
Infinera filed details of its seventh funding round with the Securities and Exchange Commission (SEC) on July 19; VentureWire and PE Week reported the round on July 27.
"Our policy is that we do not comment on any matters related to finance," an Infinera spokesman said, declining to even confirm that the funding happened.
The company is widely believed to be planning an IPO, though the new funding round could be a stopgap as the company plots its future. (See Infinera: $1B IPO Imminent?)
Meanwhile, Infinera continues to snap up new business and attract the attention of its closest potential competitors. (See Ciena CEO: Watching Infinera, Infinera Gets Corvis (Sort Of), Infinera, Internet2 Team, and Infinera Numerates Its Numbers.)
— Ray Le Maistre, International News Editor, Light Reading