Sylantro raises $11M

In a very hush-hush fifth round of funding, IP centrex vendor Sylantro Systems rounded up $11 million from previous investors. Sylantro CEO Pete Bonee said the money, which the company was hoping to keep under the radar, will be used for "expansion purposes" only, adding that Sylantro has "a number of large projects with key carriers on the go." Bonee confirmed that an IPO is still very much in the company's plans, though he couldn't say when that will happen.

For more on Sylantro's latest funding:
- check out this Light Reading report