Calient raises $5M for fiber optic management
Calient Networks, which provides switching equipment to manage fiber optic networks, has raised $5 million in a third round of venture funding (pdf announcement here). TeleSoft Partners, which first invested in the San Jose, Calif. company back in 1999, led the round, according to VentureWire.
Calient makes switches that use small mirrors to redirect optical signals, which it says provide a reliable, automated, low-cost system for service providers, government agencies, and optical network equipment providers. The company says the need for its services is growing with the increased traffic for social networking sites and online video. It has raised more than $250 million in funding.
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Anthony is a senior editor at VentureBeat, as well as its reporter on media, advertising, and social networks. Before joining the site in 2008, Anthony worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. He attended Stanford University and now lives in San Francisco. Reach him at anthony@venturebeat.com. (All story pitches should also be sent to tips@venturebeat.com) You can also follow Anthony on Twitter.
