CWDM startup RBN gets $9.5M more
RBN, a vendor of reconfigurable optical transport equipment, secured a new $9.5 million funding round from existing investors this week, raising its total investment to $45 million. Those investors included Allen & Buckeridge, Macquarie Technology Fund, Paecal Ventures and Redfern Photonics. Part of the round came from a $4.5-million grant from the Australian government to help fund the development of RBN’s next product line at the startup’s research and development headquarters in Sydney, Australia. The company’s U.S. headquarters is located in San Francisco. Formed in 1999, RBN announced in March that Marconi had agreed to resell its GigaEdge 8200 coarse wavelength-division multiplexing gear in a five-year contract.
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