Mobile

Short Take: Calient gets $50 million

Calient Networks today closed a deal for $50 million in funding. Calient is a developer of switching systems and software that allows service providers to manage bandwidth over networks. The company plans to use the financing to support its services and applications. Investors include Juniper Networks, Tellabs and Greylock.

Calient Networks today closed a deal for $50 million in funding. Calient is a developer of switching systems and software that allows service providers to manage bandwidth over networks. The company plans to use the financing to support its services and applications. Investors include Juniper Networks, Tellabs and Greylock.