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OpVista Raises $28 Million for ROADMs

OpVista, a start-up based in Milpitas, California, secured $28 million in funding for intelligent optical networking equipment featuring cost-effective reconfigurability, capacity and 10G upgrades capabilities.

The company said the new funding, anticipated to be the company’s final round, will be used to expand its product development activities, accelerate international expansion, and broaden marketing and sales support for OpVista2000, which is deployed with Time Warner Cable, Cox Communications and other networks throughout North America.

The funding round was led by DCM (Doll Capital Management). Existing investors Sevin Rosen Funds, Incubic and US Trust’s Excelsior Venture Partners also participated in the round.

http://www.opvista.com

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