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Atrica Raises $17 Million for its Metro Ethernet Switches

Atrica, a start-up based in Santa Clara, California, raised $17 Million in the first close of its fourth round of funding for its optical Ethernet gear. Atrica is currently shipping three different carrier-class optical Ethernet systems along with an integrated service provisioning and management system. The new funding includes a strategic investment from Intel Capital. The first close of the funding round also includes existing investors — Accel Partners, Ascend Technology Ventures, Benchmark Capital, Challenge Fund, Innovacom (the venture capital subsidiary of France Telecom), Gemini Israel Fund, Investor Growth Capital, JK&B Capital, and St. Paul Venture Capital. This round of funding builds upon the $117 Million Atrica has already received from industry notables such as 3Com and from global service providers such as BellSouth, Bezeq, SBC Communications, (via Aurum-SBC Ventures), Saturn Venture Partners, and Telia.
http://www.atrica.com

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