Thursday, August 12, 2004

Lambda Optical Gets New CEO

Irfan Ali has joined equipment vendor Lambda Optical Systems as its new president and chief executive officer.

Irfan Ali sounds like a smart man. I'll see if I can get him to start blogging for the people.

Lambda Optical uses microelectrical mechanical systems (MEMS) to build all-optical switches for metro and regional networks. It also sells a reconfigurable optical add/drop multiplexer (ROADM) and a remote-access device.

I like to study about telecommunications equipment. It either works or it doesn't. Unless it works sometimes and other times it doesn't. Or maybe it works good in the lab but not in the field. Some things only look good on paper.

Founded in 2003 from the intellectual property of folded start-up Firstwave Secure Intelligent Optical Networks, Lambda Optical announced a $14-million series-B funding round in April, bringing the company’s total funding to $24 million.

Funny how Wall Street has to get involved in order to really get anything done. I want to check into how some of these other companies like GigaBeam and TowerStream are funded. I'm more impressed by operational success than a fancy prospectus.

Read article here.

posted by Dietrich Bonhoeffer at 6:00 AM