ASSIA (Stanford) Secures $20.8 Million in New Funding (10/26/2010)

ASSIA was founded by Stanford University Professor Emeritus Dr. John Cioffi to build world-class management systems for DSL service providers.

ASSIA Inc., the leading provider of high-performance software tools for Dynamic Spectrum Management (DSM) of Digital Subscriber Line (DSL) networks, today announced that it has secured $20.8 million in strategic investment financing. New investors Telefonica, AT&T, and Sandalwood Partners join current investors Mingly China Growth Fund, SFR Development, Sofinnova Partners, Stanford University, Swisscom Ventures, and T-Ventures. ASSIA previously announced an early close of $10 million in this financing round. read more

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