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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.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
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.