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BigBand Closes CUDA Acquisition, Raises $25 Million

BigBand Networks closed its acquisition of the IP Cable Business Unit of ADC Telecommunications, including the Cuda and FastFlow product lines. The company also announced that it has completed a $25 million funding round. The financing brings the total amount of venture capital raised by BigBand Networks to more than $100 million. Investors included Charles River Ventures, Evergreen Investments, Meritech Capital Partners, Pilot House Ventures, Redpoint Ventures and Time Warner Ventures.

With closure of the acquisition, BigBand’s product portfolio now includes:

http://www.bigbandnet.com

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