Cyan Optics sees $8.8M for optical communications systems
Cyan Optics, developer of optical packet communication systems, brought in $8.8 million of an anticipated $12 million in preferred stock, warrants and underlying shares. The Petaluma, Calif., company has previously been backed by Azure Capital Partners, Norwest Venture Partners and Telecommunications Development Fund.
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About the Author, Camille Ricketts
Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.
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