Capella Intelligent Subsystems Adds $20M
San Jose, Calif.-based Capella Intelligent Subsystems, which makes wavelength selective switches for use in reconfigurable optical add/drop multiplexer and optical cross connects, has closed on $20 million in new financing. Black Diamond Ventures led the round. SingTel Innov8, the corporate venture arm of the SingTel Group, also contributed to the round, as did Levensohn Partners, Formative Ventures, Lucas Venture Group and Rustic Canyon Ventures. The money will be used for growth, new products and operational improvements, the company said.
13 April 2011•3 mins read
