Teranetics Raises $25 Million

Teranetics Inc., a Santa Clara, Calif.-based provider of ICs for Ethernet transport, has raised $25 million in Series D funding, according to a regulatory filing. Return backers include Columbia Capital, Granite Global Ventures, Global Catalyst Partners, Venrock and U.S. Venture Partners. The company previously had raised $53 million since 2003, including a $20 million Series C round in October 2006 at a post-money valuation of approximately $85 million. www.teranetics.com