Cyan raises $10 million in Round F

Jan. 5, 2012
Packet-optical transport start-up Cyan Optics Inc. has raised an additional $10 million in venture capital, according to a regulatory filing with the US Securities and Exchange Commission (SEC).

Packet-optical transport start-up Cyan Inc. has raised an additional $10 million in venture capital, according to a regulatory filing with the US Securities and Exchange Commission (SEC).

Formed in 2006, Cyan has raised more than $70 million to date, including $30 million in the previous round just over a year ago. According to the filing, the latest cash injection was a Series F round.

Investors include Azure Capital Partners, Norwest Venture Partners and Tenaya Capital.

Cyan executives confirmed the investment, but declined to comment further.

The company rolled out several new products in 2011, most of them software and services based (see "Cyan makes software move with CyPortal, Service Level Aware Network framework,""Cyan adds multi-vendor capabilities to network management system," and "Cyan CyNOC Services offer NOC backup, outsource opportunity"). It also unveiled an offering directed at mobile backhaul applications (see "Cyan moves into wireless backhaul with TowerAware").

For more information on packet-optical systems and suppliers, visit the Lightwave Buyer’s Guide.

Sponsored Recommendations

Linear Pluggable Optics – The low-power optical interconnects for AI and Hyperscaled data centers.

Dec. 23, 2024
This LightWave webinar discussion will review the important technical differentiators found in this emerging interconnect field and how the electro/optic interoperability and ...

Innovating the network edge with 100ZR QSFP28: The next frontier in coherent optics

Jan. 15, 2025
In this webinar, Juniper Networks, EXFO and Precision Optical Technologies are teaming up to showcase the new 100ZR QSFP28 pluggable coherent technology, exploring its foundational...

On Topic: Metro Network Evolution

Dec. 6, 2024
The metro network continues to evolve. As service providers have built out fiber in metro areas, they have offered Ethernet-based data services to businesses and other providers...

State of the Market: AI is Driving New Thinking in the Optical Industry

Dec. 5, 2024
The year 2024 marked an inflection point for AI. In August, OpenAI’s ChatGPT reached 200 million weekly active users. Meanwhile, McKinsey reported that 72% of ...