Internet Photonics

Carrier-grade gigabit optical ethernet solutions with 10 gigabit DWDM transport that allows service providers to profitably sell high-bandwidth data services alongside existing legacy services. In May 2004, CIENA Corporation (NASDAQ: CIEN) acquired Internet Photonics, a private company whose investors included ComVentures, New Venture Partners, Sprout Group, TeleSoft Partners and Venturehouse Group.

“My team and I in Bell Labs were pursuing a vision that we passionately believed in, but it didn’t really fit with Lucent’s technology or product strategy at the time. The New Venture Partners team recognized the opportunity and worked closely with us to sharpen the initial business strategy. Then they were instrumental helping us get our team, our lab, and our core IP out of Lucent and bringing in other strong financial backers behind us. New Venture Partners continued to support us through the telecom bust years all the way to our successful exit. ”
-Martin Nuss, Founder and CTO, Internet Photonics