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Investors See Light in Luminous

Luminous Networks announced Thursday that it has raised $25 million in
series-E funding.

The Cupertino, Calif.-based company provides multiservice transport platforms
that support voice, data, video and wavelength services.

Ciena Corp. and DCM-Doll Capital Management led the financing round,
supported by DynaFund Ventures, Vanguard Ventures, Morgan Stanley Venture
Partners, Scientific-Atlanta Inc. and Pyramid Technology Ventures.

The vendor is best known for its "PacketWave" products, based on Resilient
Packet Ring (RPR) technology, which enable delivery of Ethernet data services,
toll-quality voice and interactive-video services on a single, efficient