CALIENT Technologies Raises $27 Million
CALIENT Technologies is a photonics optical circuit switching company that has raised $27 million in a round of funding from new and existing investors. The name of those investors are unknown.
CALIENT will be using the funding to enhance their optical circuit switching systems platform. They will also extend their IP portfolio. The company has also named Jag Setlur as the company’s chief financial officer.
Setlur used to be the chief operating officer and chief financial officer officer of July Systems. He also worked as CFO of Contendo and various executive roles at NetXen, VeriSign, CoWare, enStage, iPrint Technologies, TCSI, and UB Networks.