Calient Technologies Lands $27,000,000 New Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d906c259-b2af-4f55-8e90-2c594bdda68c
Date
7/24/2013
Company Name
Calient Technologies
Mailing Address
25 Castilian Drive Goleta, CA 93117
Company Description
Calient Technologies is a leading provider of intelligent, photonic switching systems and software that help service providers scale their networks for expanding bandwidth demands and deliver new wavelength services.
Website
http://www.calient.net
Transaction Type
Venture Equity
Transaction Amount
$27,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The funding will be used to enhance CALIENT’s portfolio of 3D MEMS Optical Circuit Switching systems, extend its IP portfolio and provide working capital for its rapid production growth driven by new applications in software defined datacenter networking.
M&A Terms
Venture Investor
Undisclosed