Tewksbury, Mass. - Starent Networks, a provider of multimedia delivery technology for mobile service providers, has filed with the U.S. Securities and Exchange Commission to raise $115 million in its planned initial public offering of stock.

Founded in August 2000, Tewksbury, Mass.-based Starent's products have been deployed by over 60 mobile operators in 25 countries.

The company had revenue of $94 million and a profit of about $3.6 million in 2006.

Some investors in the company include Matrix Partners, North Bridge Venture Partners and Highland Capital Partners.

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