Monday, August 31, 2009

Calix Gains $100M

Petaluma-based Calix, a developer of communications equipment for the broadband market, said today that it has raised $100M in financing. The firm said $50M of the funding was equity, from its existing investors, and the other $50M was debt financing, from Silicon Valley Bank. As part of the funding, the firm said Michael Marks of Riverwood Capital, Adam Grosser of Foundation Capital, and Robert Finzi of Sprout Group have all been added to its board. More information »