Cyan Optics sees $8.8M for optical communications systems
Cyan Optics, developer of optical packet communication systems, brought in $8.8 million of an anticipated $12 million in preferred stock, warrants and underlying shares. The Petaluma, Calif., company has previously been backed by Azure Capital Partners, Norwest Venture Partners and Telecommunications Development Fund.
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About the Author, Camille Ricketts
Camille was the lead writer for GreenBeat until August 2010. To reach VentureBeat's current writers, email tips@venturebeat.com.
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