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Mayfield MD on Tejas board

Our Bureau

Bangalore, Jan. 18

Tejas Networks announced that Mayfield Fund has joined its existing set of investors. Venture capitalist firm Mayfield Fund invests in communications/wireless, consumer/media, enterprise software and semiconductor sectors. It has over $2.4 billion under management. Mr Navin Chaddha, Managing Director of Mayfield Fund, will join the board of directors of Tejas Networks. Mayfield is becoming part of the total capital structure of the company ( around $49 million to date) and there is no additional capital that has been raised since the last round of Series D financing in November 2006.

Tejas pioneered the development of cost-effective, software-differentiated, next generation SDH/SONET products that enable telecom carriers to converge traditional voice-based networks with the new data-dominated networks.

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Mayfield MD on Tejas board


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