Jan. 12, 2004 — Calient Networks Inc., a San Jose, Calif., provider of MEMS-based photonic switching systems and software, announced the closure of $20 million in fourth round funding.
null
New investor Sofinnova Ventures co-led the round along with existing investors Enterprise Partners and TeleSoft Partners. Existing investors Storm Ventures and Van Wagoner Funds and new investor SDL Ventures also participated.
null
The company anticipates a second closing in March for as much as an additional $10 million.