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Catena Networks collects $75 million

High-speed Internet equipment maker Catena Networks said on Wednesday that it raised $75 million for its fourth round of funding, which brings its total financing to $192 million. At least 11 investment firms participated in the round, including new investors J&W Seligman, Munder Capital Management and WestAM, along with previous investors Menlo Ventures, Berkeley International Capital, Worldview Technology Partners, Goldman Sachs Group, Bessemer Venture Partners, BCE Capital, Silicon Valley BancVentures and Morgenthaler, which is Catena's largest investor. The Redwood Shores, Calif.-based company opened in 1998 and makes gear that aims to help telecommunications carriers provide low-cost DSL (digital subscriber line) Internet access.

    High-speed Internet equipment maker Catena Networks said on Wednesday that it raised $75 million for its fourth round of funding, which brings its total financing to $192 million.

    At least 11 investment firms participated in the round, including new investors J&W Seligman, Munder Capital Management and WestAM, along with previous investors Menlo Ventures, Berkeley International Capital, Worldview Technology Partners, Goldman Sachs Group, Bessemer Venture Partners, BCE Capital, Silicon Valley BancVentures and Morgenthaler, which is Catena's largest investor. The Redwood Shores, Calif.-based company opened in 1998 and makes gear that aims to help telecommunications carriers provide low-cost DSL (digital subscriber line) Internet access.