SiberCore nabs $12.9 million

Dawn Kawamoto Former Staff writer, CNET News

Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.

Dawn Kawamoto

Dec. 18, 2002 10:21 a.m. PT

SiberCore Technologies announced Wednesday it raised a $12.9 million fourth round of funding. VenGrowth Capital Partners, Ventures West Management and previous investors Celtic House Venture Partners, McLean Watson Capital and the Business Development Bank of Canada contributed to this latest round. The Ottawa-based company has raised a total of $48.3 million. SiberCore develops semiconductor packet management products.