COLORADO SPRINGS, Colo. Optical signal processing startup Scintera Inc. has completed its series C round of financing, bringing in $12 million to help it move to signal-conditioning solutions for 10-Gbit Ethernet long-reach multimode (LRM) networks.
New investor Ridgewood Capital led the round, which also included existing investlors August Capital, Kleiner Perkins Caufield & Byers and Sevin Rosen Funds.
John Monson, Scintera's vice president of marketing, said its dispersion-compensation chips can be used in a variety of systems, "but with the ratification of 10GBase-LRM locked and loaded, we expect to see virtually every major OEM have it on their roadmap."
To accelerate the growth plans, Scintera has appointed former Broadcom Corp. chief executive Alan "Lanny" Ross to its board of directors. It has also appointed Scott Gibson as chief financial officer. Gibson has worked for a variety of early-stage and pre-IPO companies, including PLX Technology, Soma Networks and Cradle Technologies.