Wave7 Optics B-round nets $23 M
Fiber-to-the-home and business equipment vendor Wave7 Optics said it raised $23 million in a second round of funding led by Advanced Technology. New investors included Mellon Ventures and Armada Ventures. Founding investors Morgenthaler and Lucent Ventures partners also participated in the round.
With series B completed, Wave7 Optics has raised a total of $32 million.