CENX Raises New Funding from Ericsson, Verizon

CENX, which specializes in Carrier Ethernet interconnect systems and services, announced new investments in the company by Ericsson, Verizon Investments, Mesirow Financial Private Equity Inc., DCM, Highland Capital Partners, and Wasatch.

“Ericsson and CENX have been working together extensively in the U.S., and we are pleased with their strategic investment,” said Nan Chen, Co-Founder & President of CENX. “This investment accelerates our existing joint efforts and opens the door to rapid global expansion together; we are excited about these new opportunities.”

http://www.cenx.com