Infinera Raises Another $110M

News Analysis Ray Le Maistre, Editor-in-Chief 7/28/2006

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

COMMENTS

Newest First | Oldest First | Threaded View

Add Comment

googol_byte 12/5/2012 | 3:46:58 AM

re: Infinera Raises Another $110M These guys are setting a pretty high threshold in terms of valuation. Isn't it going to be pretty hard for their VCs to make a decent return on their investment? I'm not sure who's going to acquire these guys for $500M+ on $100M in revenues, and obviously an IPO is not likely in the near term and probably wouldn't provide any near-term liquidity. Where do you go from here?

Reply | Post Message | MESSAGES LIST | START A BOARD

HOME