Capella Intelligent Subsystems Receives $20,000,000 New Financing

  • Feed Type
  • Date
    4/13/2011
  • Company Name
    Capella Intelligent Subsystems
  • Mailing Address
    5390 Hellyer Ave San Jose, CA 95138
  • Company Description
    Capella is the industry leader of wavelength selective switch (WSS) technology for use in reconfigurable optical add/drop multiplexers (ROADM) and optical cross connect (OXC) applications.
  • Website
    http://www.capellainc.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The $20 million in new capital will be used to expand and strengthen Capella’s presence in the ROADM market, which is expected to grow to $1.8 billion over the next four years according to Infonetics Research. New product offerings and operational improvements are Capella’s key focus in the coming months, as the Company expands to meet growing market demands.
  • M&A Terms
  • Venture Investor
    Black Diamond Ventures
  • Venture Investor
    SingTel Innov8
  • Venture Investor
    Levensohn Venture Partners
  • Venture Investor
    Rustic Canyon Partners
  • Venture Investor
    Formative Ventures
  • Venture Investor
    Lucas Venture Group