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 Partners, Rustic Canyon Partners and Formative Ventures also participated. The San Jose, Calif. company has taken a total of $79 million so far.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.