White Rock Networks said Thursday that it has pulled in $60 million in third-round funding, bringing the total it has raised since its 1999 launch to $102 million. The Dallas-based company raised $12 million in February 2000 and $30 million in June 2000. White Rock makes optical telecom equipment for metropolitan networks, which operate within urban areas.
Previous investors Oak Investment Partners, Mayfield Fund, Meritech Capital and Hook Partners contributed to the round, along with new backers including Fremont Communications, Fremont Ventures, Gulf International Bank and Cypress Semiconductor. White Rock will use the additional funds to market its gear to potential customers.