Carrier ethernet company Turin Networks has taken a large investment from Millenium Private Equity, according to VentureWire, likely representing 20 to 25 percent of the company.
Turin makes carrier ethernet for wired and wireless networks, as well as backhaul networks. The additional money will help it expand in the Middle East, Asia and Africa.
The Petaluma, Calif. company recapitalized in May 2007 and later in the year made a $92.7 million acquisition.
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