Onetta

Optical networking technology.

Onetta, Inc., (www.onetta.com), an emerging leader in the optical networking industry, announced today it has secured $56 million in Series B financing. HarbourVest Partners led the financing round, with additional investments from Sumitomo Corporation, J.P. Morgan H&Q, J.&W. & Seligman and Series A investors, Sequoia Capital and Matrix Partners. Onetta will use the funding to expand production capacity of high-end intelligent optical amplifiers and next-generation intelligent optical engines.