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Lambda Opticalsystems Raises $22 M

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RESTON, Va., Nov. 15 -- Optical network provider Lambda Opticalsystems announced today it has secured $22 million in Series B1 funding from three telecommunications venture firms, Sevin Rosen Funds, ComVentures and PacRim Venture Partners/SmartForest Ventures. The company said it will apply the new funding toward product development and sales and marketing initiatives with government and telecommunications carrier customers. The funding follows Series B funds awarded in April 2004, which Lambda said it invested primarily in the development of its Lambda Node 2000 optical switching platform...Read full article

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    Published: November 2004
    Glossary
    optical switching
    Optical switching refers to the process of controlling the routing or transmission of optical signals within a network using various techniques to selectively switch or redirect optical paths. This is essential in optical communication systems, where data is transmitted as light signals over optical fibers. Optical switching technologies enable efficient, high-speed, and flexible routing of optical signals, enhancing the performance and scalability of optical networks. There are several types...
    CommunicationsLambda OpticalsystemsNews & Featuresoptical networksoptical switching

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