• United States
by Staff

In brief: Calient gets new funding

May 03, 20041 min

Calient, a maker of photonic switching systems and software, has announced $15 million in new funding. That amount adds to $20 million previously announced in fourth-round funding.

New investors Wall Street Technology Partners and DuPont Capital Management have joined other investors Enterprise Partners Venture Capital, TeleSoft Partners and Sofinnova Ventures.

Overall, Calient has collected $285 million in venture funding. The new funds will be used to expand the company’s operations and marketing.

The company has had most of its success in Asia, with paying customers such as Japan Telecom and KDDI. Calient is in trials with other Asian and U.S. carriers, a spokeswoman says.