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Aurora Lands $30M

By Matt Stump -- Multichannel News, 7/25/2002 7:59:00 AM

Aurora Networks announced that it has completed a $30 million series-B funding round, led by The Sprout Group, Battery Ventures, ComVentures and Castile Ventures.

The company has now raised more than $60 million to cover research, development and production costs.

Aurora provides advanced broadband-transmission equipment for cable operators deploying next-generation services like video-on-demand, tiered high-speed Internet access, voice over Internet protocol and business-to-business Ethernet.

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