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Seranoa Secures $9 Million for IP Edge Concentrator

Seranoa Networks, a start-up based in Boxborough, Massachusetts, secured $9 million in additional funding for its IP edge concentrators, which aggregate incoming TDM access circuits onto Gigabit Ethernet trunks. Participants in the funding round include Advent International, St. Paul Ventures, YankeeTek Ventures, FA Technology Ventures, Schoffstall Ventures, and private investors. Seranoa has now raised $25 million to date.
http://www.seranoa.com

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