Hot Start-ups October 20, 2003 1 min read

LVL7 Systems Raises $15.8 Million for IP Source Code

LVL7 Systems, a start-up based in Morrisville, North Carolina, secured $15.8 million in second round funding. The company develops merchant IP software for Layer 2, 3 and 4 enterprise, access, wireless and metro Ethernet products. The funding was led by Carlyle Venture Partners and included previous investors Gabriel Ventures Partners, H.I.G. Ventures and Research Triangle Ventures.
http://www.LVL7.com

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