Capella Photonics, a start-up based in San Jose, California, raised $7 million in Series B funding for its forthcoming line of optical subsystems targeted at metro and long-haul networks. Products specifics have not yet been disclosed. Major investors include Bay Partners, Vanguard Ventures, and BCE Capital, a unit of Bell Canada Enterprises.
http://www.capellaphotonics.com
- Capella Photonics was founded in December 2000 by Dr. Joseph Davis. Previously, Davis was co-founder and interim COO of Iolon, a Seagate spin-off that focused on optical switches and tunable lasers for telecommunications. Before that, he was co-founder and CTO of Quinta Corporation, where he co-invented a multi-disk data-storage architecture.