Wednesday

Here we go Again??

Boom times ahead in networking?

cnet

When Reeves went looking for a second round of funding earlier this year for his current company, a telecommunications equipment maker called Mangrove Systems, he landed $21 million, bringing the total capital raised to $42 million. And more than six months after it closed its latest round of funding, new investors are still trying to give the company money, he said.

"It's not so easy for everyone," Reeves said. "But for the start-ups with solid teams who have done this before and who have a strong business plan, there's plenty of money available, and no short supply of people trying to invest it."
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