Occam Secures $16.1 million from Investors

Occam Networks, a supplier of Ethernet and IP-based loop carrier equipment, secured $16.1 million from existing investors in the first closing of its previously announced Series A-2 Preferred Stock financing. The company had previously announced plans for the sale and issuance of up to a currently anticipated maximum of $20 million of Series A-2 Preferred Stock.
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