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Coriolis bags $32 million and a customer

While venture capital and new customers are at their tightest for telecom start-ups, Coriolis seems to have pulled off a heist, announcing both this week.

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The metro optical equipment maker revealed it has closed its third round of funding for $32 million from TL Ventures and EnerTech Capital. The company also inked a deal with a Georgia-based service provider, Marietta FiberNet. Coriolis’ OptiFlow platform aggregates and delivers data services from a single network.

--Liane LaBarba, senior editor

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© 2012 Penton Media Inc.

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