Organization: Fujitsu Telecommunications

Meriton Networks scores US$54 million in VC financing

Ottawa-based Meriton Networks has secured US$54 million in series ‘C’ venture capital financing, the largest single VC deal so far this year in Canada. Meriton secured the financing from a VC syndicate led by VantagePoint Venture Partners, San Bruno CA and New York and Nomura International, Hong Kong. The syndicate includes seven Canadian VC firms…