Entering the public network market, Sycamore Networks Inc. (Tewksbury, MA) was launched with plans

Entering the public network market, Sycamore Networks Inc. (Tewksbury, MA) was launched with plans for product roll-out in the first half of 1999. The company also announced closure of a $12-million second round of funding, bringing total funding to $20 million. Sycamore plans to develop and market "intelligent" optical-network products focused on relieving current network congestion at the backbone access areas. Sycamore was founded in 1998 and is privately held.