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

Data Center Network Advances

April 2, 2024
Lightwave’s latest on-topic eBook, which AFL and Henkel sponsor, will address advances in data center technology. The eBook looks at various topics, ranging from AI backend networks...

AI’s magic networking moment

March 6, 2024
Dive into the forefront of technological evolution with our exclusive webinar, where industry giants discuss the transformative impact of AI on the optical and networking sector...

Coherent Routing and Optical Transport – Getting Under the Covers

April 11, 2024
Join us as we delve into the symbiotic relationship between IPoDWDM and cutting-edge optical transport innovations, revolutionizing the landscape of data transmission.

Supporting 5G with Fiber

April 12, 2023
Network operators continue their 5G coverage expansion – which means they also continue to roll out fiber to support such initiatives. The articles in this Lightwave On Topic ...