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Calient Networks Lands $225 Million in Financing

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SAN JOSE, Calif., Jan. 10 -- Calient Networks, developer of intelligent, all-photonic switching systems and software, has netted $225 million in its round of financing. BlueStream Ventures led the round, which includes equity investments of more than $195 million and lease commitments of up to $30 million. Strategic investors participating in the round included Juniper Networks Inc., Marconi, Tellabs and ONI Systems. Also participating were financial institutions such as Invesco, American Express Financial Corp., J. & W. Seligman & Co., Amerindo Investment Advisors and TeleSoft...Read full article

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    Published: January 2001
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