Capella Intelligent Subsystems Receives $20,000,000 New Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4d5f7895-32a1-4f51-9471-4b362f83fff7&Preview=1 -
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
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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
