Colubris lands $14M; searches for new CEO
Colubris Networks Inc., a maker of wireless LAN gear based in Waltham, has closed its fourth round of funding to the tune of $14 million. The infusion of cash brings the company's total funding to $50 million since its founding in 2000. All of the company's previous investors participated in the round. The funding also comes despite the departure of Bob Eisenberg, former chief executive officer who left the company three weeks ago "for personal reasons," according to Roger Sands, vice president of engineering and interim co-president.

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