Technology

Ellacoya Adds $7M to Coffers

9/20/2004 6:50 AM Eastern

Intelligent-bandwidth-management company Ellacoya Networks Inc. said it has completed a new $7 million funding round.

The company said funding will be used to support sales-revenue growth and should make it cash-flow-positive.

Existing investors Atlas Venture, Flagship Ventures and Lightspeed Venture Partners participated in the round.

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