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