Summary:

Narad Networks, provider of software and equipment that enables cable operators to offer switched gigabit Ethernet business services over the existing HFC network, has laid off 40% of its staff. The company is also raising its Series C round. [VentureWire]

Narad Networks, provider of software and equipment that enables cable operators to offer switched gigabit Ethernet business services over the existing HFC network, has laid off 40% of its staff. The company is also raising its Series C round. [VentureWire]

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