Wave7 Optics, a start-up based in Alpharetta, Georgia, announced an additional $6M in funding for its active and passive Ethernet- and IP-based FTTP network equipment, Total venture capital investment in the company is now $68.5 million. The additional funding comes on a pro-rata basis from the company’s six current investors: Advanced Technology Partners, Armada Venture Partners, Lucent Venture Partners, Mellon Ventures, Morgenthaler Ventures and Oak Investment Partners.
Wave7 said it now has over 30 network operator customers around the world. http://www.wave7optics.com
