Company Name Capella Intelligent Subsystems
Mailing Address 5390 Hellyer Ave San Jose, CA 95138
Company Description Capella is the industry leader of wavelength selective switch (WSS) technology for use in reconfigurable optical add/drop multiplexers (ROADM) and optical cross connect (OXC) applications.
Proceeds Purposes The $20 million in new capital will be used to expand and strengthen Capella’s presence in the ROADM market, which is expected to grow to $1.8 billion over the next four years according to Infonetics Research. New product offerings and operational improvements are Capella’s key focus in the coming months, as the Company expands to meet growing market demands.