CALIENT Technologies Raises $19.4M

Santa Barbara-based CALIENT Technologies, a developer of photonic switching equipment, said this morning that it has raised $19.4M in a round of venture financing. The round came from both new and existing investors. Names of those investors were not disclosed. Calient said its new funding will go towards expanding its products to the data center and cloud computing markets. CALIENT Technologies is headed by Atiq Raza, and develops modular photonic switching systems. More information »