Sunday, June 6, 2004

Force10 Raises $75 Million for 10 Gigabit Ethernet

Force10 Networks, a start-up based in Milpitas, California, closed a $74.9 million mezzanine round of funding for its 10 Gigabit Ethernet switching and routing products. Force10 has recently announced a series of high-profile customers, including the European Centre for Mid-Range Weather Forecasts, NTT-ME, NASA, the Department of Homeland Security, MCI, Lawrence Berkeley National Lab, Hanaro Telecom, Petroleum Geo-Services and Veritas DGC.



Crosslink Capital joined co-leads Meritech Capital Partners and Morgenthaler Ventures as new investors in the company. Existing investors, including U.S. Venture Partners, New Enterprise Associates and Worldview Technology Partners, also participated in the round. http://www.force10networks.com