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Zagros Networks receives $9.7 million

Zagros Networks announced Wednesday that it raised a $9.7 million second round of funding, led by previous investor Mohr Davidow Ventures. Cadence Design Systems and previous investor Novak Biddle Venture Partners also contributed to the latest round. The Rockville, Md.-based company has raised a total of $16 million. Zagros Networks designs semiconductors to allow switches and routers to quickly and reliably send information over corporate networks.