- Investment Year
- 1991
- Exit
- 1994
- Sector
- Geography
- North America - East
- Website
- www.lucent.com
Cascade Communications
Cascade developed the first fast packet switching technology for ATM and frame relay networks. BVP's Felda Hardymon invested in the company's early rounds starting in 1992. Cascade went public in 1994 (NASDAQ:CSCC) and was acquired in 1997 by Ascend (NASDAQ:ASND), now part of Lucent (NYSE:LU).
