Monday, December 05, 2005

World Wide Packets gets $25.5 million funding

Carrier Ethernet vendor World Wide Packets announced today that it has completed a $25.5 million funding round that was co-led by Craig McCaw’s Eagle River Holdings, and Rally Capital. The cash will be used in a large part to expand World Wide Packets’ sales efforts at a time when carriers increasingly are viewing Ethernet as key to their future, said World Wide Packets CEO Dave Curry.

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