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O.C. BUSINESS PLUS | ORANGE COUNTY BRIEFLY

Axcelerant Raises $10 Million in Funds

April 26, 2001

Axcelerant Inc., an Irvine distributor and manager of secure high-speed networks, said it has picked up $10 million in its first round of equity financing. Investors were led by Riordan, Lewis & Haden, which provides capital and expertise to businesses with long-term growth prospects. Los Angeles Mayor Richard Riordan is a name partner but inactive in the investor firm until his term ends this year.

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