Actelis Nets Secures $22 million in Series E funding

Actelis Networks, a Fremont, Calif.-based provider of carrier Ethernet-over-copper solutions, has raised $22 million in Series E funding. Adams Street Partners led the deal, and was joined by return backers ATA Ventures, Global Catalyst Partners, Dupont Capital, The Carlyle Group, Innovacom Venture Capital, Vertex, Walden International New Enterprise Associates and Independent Venture Fund. The company has raised around $150 million in total VC funding since its 1998 inception. www.actelis.com