Polatis Raises $8 Million

Polatis, a startup that makes optical switches from its bases in Andover, MA, and Cambridge, England, said today that it has obtained $8 million in new venture funding from existing investors 3i Ventures, Alta-Berkeley Ventures, DFJ Esprit, Flagship Ventures, Gainesborough & Peponi Investments, JK&B Partners, and the Massachusetts Technology Development Corporation. CEO Gerald Wesel said the capital will help the nine-year-old company expand worldwide sales channels for its switches, which accelerate network performance in areas with optical fiber networks.

Wade Roush is the producer and host of the podcast Soonish and a contributing editor at Xconomy. Follow @soonishpodcast

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