More Money For Infinera

Our good buddy Matt Marshall reports that Infinera, the red hot optical equipment maker has raised another $110 million. That takes the total funding raised to over $315 million. Marshall speculates that the company might go public. Actually, this new round of financing indicates that IPO might not be part of the plan in the near term. If you have followed the company in recent times, it has been on a tear. It is snagging big customers by the month, and is likely to exceed $100 millions in revenues. The additional cash buys the company time to wait out the cold front over IPO markets right now.