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Entrisphere reels in $33 million

Telecommunications vendor Entrisphere has raised $33 million in a second round of funding, bringing its total funding to $55 million, the company announced this week. Participating in the round were new investors Capital Technologies CDPQ, Crosspoint Venture Partners, Duff Ackerman and Goodrich, and the Ontario Teachers Pension Plan Board, as well as previous investors Accel Partners and Benchmark Capital.

The Santa Clara, Calif.-based Entrisphere also announced that Mark Floyd is the company's new president and chief executive. Floyd was co-founder of Efficient Networks and was recently an entrepreneur-in-residence at Crosspoint Venture Partners. Entrisphere is a telecom vendor that allows service providers to offer advanced data services without disrupting their existing infrastructure.