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Axerra Networks picks up $10 million

Axerra Networks has raised $10 million in a second round of funding led by TLcom Capital Partners, the company announced Tuesday. Also participating were several existing investors. Boca-Raton, Fla.-based Axerra Networks has raised a total of $26 million. Axerra provides hardware and software so customers can use both their existing services and emerging IP (Internet Protocol) services, such as VoIP (voice over Internet Protocol) and VPN (virtual private network), on a unified network. The company plans to use the money to augment revenue and for research and development.