Ciena launches VC fund to back next-gen networking startups

Ciena announced the launch of corporate venture fund Ciena Ventures with initial capital of $200 million. The fund will be led by VP of Corporate Development Loai Louis, investing in startups in optical networks, data center architectures, and interconnects.

• Initial tranche of Ciena Ventures fund will be $200 million
• Fund led by Loai Louis, Ciena VP of Corporate Development
• Priorities: optical networks, data center architectures, interconnects
• Ciena has already invested in Quintessent for optical interconnects for AI