Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : ORTEL -- Ignore unavailable to you. Want to Upgrade?

To: James Fulop who wrote (618)	1/5/2000 12:15:00 PM
From: James Fulop	Read Replies (1) \| Respond to of 659

More on Tellium.... >>Tellium Raises $50 Million in Mezzanine Round 1/5/00 Oceanport, NJ-based Tellium, Inc. has raised $50 million of equity in a mezzanine round of financing. The equity was in the form of preferred shares and includes $45 million of new cash and the conversion of $5 million of debt. New investors Thomas Weisel Partners and Pequot Capital Inc. joined current Tellium investors including SAIC, Ortel Corp., Oak Investment Partners, Accel Partners, Worldview Technology Partners, Blue Rock Capital Investors, and Cisco Systems. The company also expanded the board of directors to include William Bunting from Thomas Weisel and Jeff Feldman from Pequot Capital. In addition, Steve Rizzone, CEO of Ortel, replaces Dr. Isreal Ury, chief technology officer, as the Ortel representative on the board.<< fiberopticsonline.com{EE3ABE38-C2CB-11D3-9A82-00A0C9C83AFB}&Bucket=HomeLatestHeadlines