Sign up for our newsletter
Technology / AI and automation

JUNIPER WINS FURTHER FINANCING

Juniper Networks, the high-speed networking start-up that has yet to ship any product but is winning over some of the industry’s largest players as investors, has won further funding. The Anschutz Family Investment Company LLC has invested $2.5m in Juniper, which says it will use the money to define and test Juniper’s IP networking product family. Anschutz has a majority stake in Qwest Communications International Inc. In September, Juniper announced that it had received $40m in equity financing from Ericsson Inc, Lucent Technologies, Northern Telecom, the Siemens/Newbridge alliance, 3Com Corp, and WorldCom Inc’s subsidiary, UUNet Technologies Inc. The latest investment and prior venture financing brings the total investment in Juniper to $62m.

White papers from our partners


This article is from the CBROnline archive: some formatting and images may not be present.

CBR Staff Writer

CBR Online legacy content.