Teknovus captures $5.6M for optical Ethernet chips
Teknovus, a provider of Ethernet optical networking chips, has brought in $5.6 million in convertible promissory notes, preferred and common stock, according to a filing with the SEC. Based in Petaluma, Calif., the company is backed by Partech International, Focus Ventures, Galleon Group, Itochu Technology Ventures, U.S. Venture Partners, Vision Venture Capital, Mitsubishi, Technology Alliance Investment and Samsung Ventures America.
Array Networks, a server load balancing co., raises $6.9M
Array Networks, a Milpitas, Calif. provider of SSL VPN and server load balancing solutions, has raised $6.95 million in a third round of funding, according to a regulatory filing cited by PEHub. Investors included H&Q Asia Pacific and Vision Venture Capital.