Cielo Attracts $37 Million in Venture Funding

N/A CO-based <%=company%> has secured $37 million in venture financing. The completion of this round will allow the company to accelerate its product roadmap, increase VCSEL production and finance revenue growth. Key product development milestones have already been met, leading to an accelerated new product introduction schedule in the year 2000. The financing includes equity funding from Mayfield Fund, Menlo Ventures, Herb Alpert, HarbourVest, Kingdon Capital, and J. & W. Seligman.

Edited by Kristin Keiser