Tech Company Financing Transactions
Capella Photonics Funding Round
On 1/28/2008, Capella Photonics announced $15 million in funding from Lucas Venture Group, Formative Ventures and Levensohn Venture Partners.
Transaction Overview
Company Name
Announced On
1/28/2008
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Undisclosed
Investors
Lucas Venture Group (Lead Investor)
Levensohn Venture Partners (Kip Sheeline)
Rustic Canyon Partners (Michael Kim)
Proceeds Purpose
The $15 million in new capital will be used to expand and strengthen Capella's presence in the ROADM market, which is expected to grow to $2.8 billion over the next 4 years, according to the most recent Needham investment analysis report. New product offerings and operational improvements are Capella's key focus in the coming months, as the company expands to meet growing market demand.
Company Information
Company Status
Private & Independent
Industry
Networking
Mailing Address
5390 Hellyer Ave.
San Jose, CA 95138
USA
San Jose, CA 95138
USA
Phone
Email Address
Overview
Capella Photonics, Inc. develops and manufactures wavelength selective switch technology based intelligent subsystems that provide wavelength management solutions for use in reconfigurable optical add/drop multiplexers and optical cross connect applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Larry Schwerin
Chief Operating Officer
George Berberis
President
Bruce Gray
President
Christopher Lucas
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