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Calix raises $100 million.

Publication: FTTX
Publication Date: 01-SEP-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Calix raises $100 million.(FINANCING)

Article Excerpt
Calix has defied the credit crunch by announcing it has raised $100 million in financing. The access equipment vendor has garnered $50 million in equity from existing investors and $50 million in debt financing via Silicon Valley Bank. According to a company source, the company plans to spend the money in four areas where it sees opportunities for growth.

Calix also announced that it has added three new directors to its board, Michael Marks of Riverwood Capital, Adam Grosser of Foundation Capital, and Robert Finzi...

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