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ZettaCom to close $47.5 million round

ZettaCom expects to announce on Monday it closed its $47.5 million second round of funding. Investors include Norwest Venture Partners, Granite Global Ventures, Venrock Associates, J.&W. Seligman & Co., Development Bank of Singapore, J.P. Morgan Partners, k1 Ventures, Vertex Management, Crimson Ventures, Infineon Ventures, U.S. Bancorp Piper Jaffray, Banc of America Securities and United Investments. The Santa Clara, Calif.-based company has raised a total of $58.5 million, of which Norwest contributed a total of $10.2 million. ZettaCom is a networking semiconductor manufacturer for the optical and multi-service network industry. See complete list.

ZettaCom expects to announce on Monday it closed its $47.5 million second round of funding. Investors include Norwest Venture Partners, Granite Global Ventures, Venrock Associates, J.&W. Seligman & Co., Development Bank of Singapore, J.P. Morgan Partners, k1 Ventures, Vertex Management, Crimson Ventures, Infineon Ventures, U.S. Bancorp Piper Jaffray, Banc of America Securities and United Investments. The Santa Clara, Calif.-based company has raised a total of $58.5 million, of which Norwest contributed a total of $10.2 million. ZettaCom is a networking semiconductor manufacturer for the optical and multi-service network industry. See complete list.