# Nistica

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nistica

- Industry: Hardware
- Headquarters: Bridgewater, US
- Website: www.nistica.com
- Total disclosed funding: $28M
- Latest round: Series D (Feb 1, 2011)
- Investors on record: 10

## About

Nistica Inc. specializes in advanced optical networking solutions, focusing on providing high-performance Wavelength Selective Switch (WSS) modules for telecommunications and data center markets.Nistica Inc. is a company that develops advanced optical switching solutions, specifically Wavelength Selective Switch (WSS) modules, aimed at enhancing network efficiency. The company is headquartered in Bridgewater, US. In April 2012, Nistica was acquired by Fujikura for an undisclosed sum. The firm has undergone significant transformation since its inception, although no further details on the nature of these pivots are available. Nistica has raised a total of USD 5.50 mn through multiple funding rounds, with the most recent funding being a VENTURE DEBT round in April 2012 led by MMV Capital Partners.Nistica Inc. excels in providing advanced connectivity solutions, specializing in Wavelength Selective Switch (WSS) modules essential for the efficiency of optical networks. Their WSS modules enable dynamic reconfiguration of traffic and bandwidth sharing at the optical layer, enhancing network agility and performance. The company offers WSS products in both Single- and Twin-formats, with port counts varying from Single 1x2 to Twin 1x32+, catering to the diverse requirements of telecommunications and data center markets. Nistica’s technology employs a digital MEMS-based platform for low port-count applications and Liquid Crystal on Silicon (LCoS) technology for high-port count configurations, facilitating seamless multi-node cascading across global clients in North America, Europe, and Asia.Nistica Inc. generates revenue through a structured business-to-business sales model, primarily focused on the telecommunications and networking sectors. Clients purchase WSS modules tailored to their specific network needs, with transactions often tied to larger network deployment projects. The company’s flagship WSS products are known for their functionality and reliability, commanding premium prices in the market. Revenue is derived from both individual product sales and strategic partnerships with key industry players, enhancing its market presence.Nistica plans to leverage its recent funding to expand its product line and target new geographic markets. The company is anticipating the launch of new WSS products designed to enhance network capabilities, although specific release dates have not been disclosed. The strategic focus will include expanding into new markets, particularly in Asia and Europe, by 2015, taking advantage of the growing demand for optical networking solutions. The funding received during the latest VENTURE DEBT round will be utilized to support these initiatives and facilitate necessary enhancements for market entry.

## Funding rounds

- Series D, Feb 1, 2011, $5.5M — Novitas Capital, NTT, Battelle Ventures, Technology Venture Partners, MMV Investment Partners, Fujikura Ltd.
- Series C, Mar 22, 2010, $6.5M — Novitas Capital, NTT, Battelle Ventures, Technology Venture Partners, Fujikura Ltd.
- Series B, Feb 5, 2008, $10M — Edison Partners, Novitas Capital, Innovation Valley Partners, Battelle Ventures, Technology Venture Partners, Finisar Corporation
- Series A, Aug 2, 2007, $1.5M — Novitas Capital, Technology Venture Partners
- Series A, May 21, 2007, $1M — Novitas Capital, New Jersey Economic Development Authority
- Series A, Nov 8, 2005, $3.7M — Novitas Capital, Technology Venture Partners

## Investors

- Novitas Capital (https://capitalatlas.ai/funds/novitas-capital) — Series A, Series B, Series C, Series D
- Technology Venture Partners — Series A, Series B, Series C, Series D
- New Jersey Economic Development Authority — Series A
- Edison Partners (https://capitalatlas.ai/funds/edison-partners) — Series B
- Innovation Valley Partners (https://capitalatlas.ai/funds/innovation-valley-partners) — Series B
- Battelle Ventures (https://capitalatlas.ai/funds/battelle-ventures) — Series B, Series C, Series D
- Finisar Corporation — Series B
- NTT — Series C, Series D
- Fujikura Ltd. — Series C, Series D
- MMV Investment Partners — Series D