Capella wires in $15M more for optical switches
Capella Intelligent Subsystems makes optical switches for traffic management in optical networks. Their switches have the ability to be wavelength-selective, allowing higher level monitoring and routing capabilities.
The company has been around for some time, having been started in 2000 and funded with $44 million. We reported last year that it had jump-started its sputtering operations with a fresh $20 million infusion.
Lucas Venture Group led the latest investment of $15 million, while previous investors Levensohn Venture… Continue Reading
Capella, optical switch company, restarts with $20M
Capella, a provider of optical switches for broadband networks, said it has raised $20 million of equity and debt financing in what amounts to a financial restarting of the company.
Capella sells wavelength selective switches (WSS) for use in reconfigurable optical add/drop multiplexers (ROADM) applications.
The funding was was co-led by Levensohn Venture Partners and Rustic Canyon Partners and included funding from Formative Ventures, as well as participation by existing investors. Square1 Bank provided the banking and… Continue Reading