Network Elements Raises $15 M, Partners with TriQuint

Network Elements, a start-up based in Beaverton, Oregon, raised $15 million in funding for its development of high-performance 10 Gbps optical networking modules. The new funding cam from Alloy Ventures, New Enterprise Associates, and Lake Street Capital.

Network Elements also announced a strategic partnership with TriQuint Semiconductor, a supplier of high performance components for communications applications. The companies will collaborate on the development, production and worldwide distribution of optical 10 Gbps optical networking modules.
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