Overture Networks Raises $17.2 Million

Overture Networks Inc., a Morrisville, N.C.-based maker of high-speed networking equipment, has raised $17.2 million in new VC funding. QuestMark Partners led the round, and was joined by return backers Intel Capital, Intersouth Partners, Morgenthaler Ventures, Tenaya Capital, TDF Fund and Gray Ventures. The company previously raised around $45 million.

North AmericaUSBriefs