Occam Completes Additional Funding

Occam Networks raised an additional $4.2 million in an additional closing of its previously announced private placement of Series A-2 Preferred Stock. Investments funds affiliated with Alta Partners invested $4.0 million at the closing. In connection with the financing, Occam agreed to permit Alta, at its election, to designate a member of Occam's board of directors.



Since November 2003, Occam has raised $20.7 million through private placements of its Preferred Stock. http://www.occamnetworks.com