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Cyras Systems  Acquired by Ciena (2000 $ 2,000,000,000)

47100 Bayside Parkway
Fremont, CA 94538
Website Company Summary Management Team

Finance: Shekar Mandal
General Counsel/Legal: Armando Castro
Former Employees: Alnoor Shivji Gary Kohli Ron Kelley

Outside board: (May no longer be on the board) Diosdado P Banatao (Tallwood Venture Capital) Douglas C Carlisle (Menlo Ventures)

Business description: Cyras Systems was created to develop high-speed, multi-service switching platforms for optical metropolitan area networks. Cyras Systems' bold new optical switching technologies help carriers revitalize their networks. Our products optimize voice services, tame the rising torrents of data traffic and pave the way for innovative new communications services. Taking advantage of the Cyras switching architecture, carriers can now extract the full potential from their existing networks while integrating advanced provisioning and transport functions into rapidly changing, demanding and complex mixed-traffic environments.

Rounds: 3
Capital raised: 70.0M
Ownership: Acquired by Ciena (2000 $ 2,000,000,000)

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Record updated: Dec 2000
Sector: Communications
Year Founded: 1998
Headcount: 76-100 as of Sep 2000
Rounds: 3
Capital Raised: 70.0M
Ownership: Acquired by Ciena (2000 $ 2,000,000,000)