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Simpler Adds $9 Million

Simpler Networks Corp., a Dorval, Canada-based provider of technology for the automation of copper distribution frames for local service providers, has raised US$9 million in new Series C funding. This is a follow-on to a $25 million Series C close from last year, with return backers including Highland Capital Partners, Kodiak Venture Partners, Solidarity Fund QFL, BCE Capital and Lothian Partners. In other Simpler Networks news, the company has named Highland venture partner Jean-Luc Abaziou as its new CEO. Former CEO Harry Carr will become chairman.