The funding, which closed during the summer, was intended as extra margin while Force10 undergoes the IPO process, says Dick Kramlich, a Force10 board member and a partner at New Enterprise Associates (NEA). (See the recent Light Reading interview: Dick Kramlich, Founder & General Partner, NEA.)"
[Light Reading]
Valuation will prob have to be over a billion for investors to make any substantial money back on the deal. $324M total pumped into the company.
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