Caspian Networks raises big money
Matt Marshall posts on SiliconBeat:
We were asked to hold this until Monday, but the cat is (partly) out of the bag, since PE Week mentions it today in its wire (no link today, it's broken).
PE didn't get the full news though. It reporting that Caspian Networks, the next generation San Jose router company, raised $31.4 million, according to a regulatory filing it found. But the real number is actually way higher -- which perhaps PE missed by reporting early.
Caspian has raised a huge amount of money over the years, including a $120 million in 2002, but it is now finally getting traction. We'll drag the cat out entirely on Monday, including how it is taking on Cisco and Juniper in some cutting-edge areas...
posted by Fergie @ 5/19/2005 04:02:00 PM
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