Gifts Under $30 Gifts Under $50 National Cookie Day 'Bones/No Bones' Dog Dies iPhone Emergency SOS Saves Man MyHeritage 'Time Machine' Guardians of the Galaxy 3 Trailer Indiana Jones 5 Trailer
Want CNET to notify you of price drops and the latest stories?
No, thank you
Accept

Ikanos receives $25 million

Chipmaker Ikanos Communications announced on Monday it received a $25 million third round of funding, led by Walden International. Walden, which received a board seat, was joined by JPMorgan Partners, Ridgewood Capital and previous investors Anthelion Capital, Greylock Partners, Sequoia Capital and Telesoft Partners in this latest round. Fremont, Calif-based Ikanos has raised a total that is more than $42.5 million and received a decline in valuation with the latest round. The company's chips are designed to allow its customers to use existing copper-wire systems to connect to broadband fiber optic systems. See complete list.

Chipmaker Ikanos Communications announced on Monday it received a $25 million third round of funding, led by Walden International. Walden, which received a board seat, was joined by JPMorgan Partners, Ridgewood Capital and previous investors Anthelion Capital, Greylock Partners, Sequoia Capital and Telesoft Partners in this latest round. Fremont, Calif-based Ikanos has raised a total that is more than $42.5 million and received a decline in valuation with the latest round. The company's chips are designed to allow its customers to use existing copper-wire systems to connect to broadband fiber optic systems. See complete list.