Tuesday, July 8, 2003

Ikanos Secures Additional Investment from TL Ventures

Ikanos Communications received new funding from TL Ventures to close its Series D round with $33 million. The company will use the additional capital to support volume shipments of its broadband chipsets in Korea, Japan, China, and Europe. Ikanos offers programmable, integrated, broadband chipsets that support multiple international standards of VDSL-DMT, as well as ATM and Ethernet protocols, symmetric and asymmetric applications, and scalable speeds up to 150 Mbps over copper pairs.
http://www.ikanos.com