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Civcom snags $10.5 million

Civcom said Tuesday it received a $10.5 million second round of funding, which was led by Mercator Broadband Partners. Israel-based Civcom also attracted investments from Formula Ventures, Omninet Capital and previous investors Concord Ventures and Aurum-SBC Ventures. The company, which has raised a total of $21 million, designs a family of high-speed optical switches. The switches are developed to eliminate the need to convert optical signals to electrical ones at metropolitan network junctions. See complete list.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
Civcom said Tuesday it received a $10.5 million second round of funding, which was led by Mercator Broadband Partners. Israel-based Civcom also attracted investments from Formula Ventures, Omninet Capital and previous investors Concord Ventures and Aurum-SBC Ventures. The company, which has raised a total of $21 million, designs a family of high-speed optical switches. The switches are developed to eliminate the need to convert optical signals to electrical ones at metropolitan network junctions.

See complete list.