Turin Buys White Rock

Turin Networks Inc., a Petaluma, Calif.-based provider of IP and multiservice optical transport solutions, has acquired the product portfolio and most material assets of White Rock Networks, a bankrupt provider of next-generation optical transport products for metro networks. The deal reportedly is valued at less than $4 million. Turin has raised nearly $190 million in total VC funding since its 1999 inception, from firms like Bay Partners, Baker Capital, DCM-Doll Capital Management, Motorola Ventures, RWI Group, Sequoia Capital, Telos Venture Partners and Van Wagoner Capital. White Rock of Richardson, Texas had raised around $160 million from 3i Group, Cypress Semiconductor, Dali Hook Partners, Fremont Ventures, Inv*stor Growth Capital, Mayfield, Meritech Capital Partners, Oak Inv*stment Partners and Pacesetter Capital. www.turinnetworks.com www.whiterocknetworks.com