Olicom Invests in Tpack

COPENHAGEN, Denmark, May 29 -- Olicom A/S announced it has provided series A funding for Tpack A/S, a fabless semiconductor company that develops and markets technology for intelligent data services for SONET/SDH transmission systems.

The funding has been provided in syndication with Slottsbacken Funds, a Scandinavian venture capital fund managed by ACR Capital and InnFond P/S, a Danish early-stage/seed capital investment fund. In addition, Tellabs, a provider of metro optical networking solutions and business connectivity services, will evaluate Tpack's technology in its optical transport equipment.