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 : Ciena (CIEN) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn D. Rudolph who wrote (1402)	2/21/1998 10:38:00 PM
From: Gary Korn	Read Replies (2) \| Respond to of 12623

Ciena's strong stock market performance has made its backers quite rich. The company had raised approximately $25 million from a large syndicate of VC firms. The three initial VC investors were Interwest Partners, Sevin Rosen, and Vanguard Venture Partners. Subsequent rounds were funded by the likes of Bessemer Venture Partners; JAFCO America Ventures; Charles River Ventures; Weiss, Peck & Greer; American Telephone & Telegraph Ventures; and Star Venture Entities. Glenn, Nice catch! Having invested in CIEN to help meet its fiber capacity needs (much as CSCO invested in Juniper for switching), I cannot imagine T entirely ignoring the results of its funding. Beyond that, this certainly shows that there is indeed a relationship between T/CIEN, and that T is not simply just another customer. Gary Korn