#Ciena25: The Story Behind the Founding of Ciena
By Bruce Watson – The company that would eventually become Ciena began its life as an inspiration inside the head of David Huber. The former General Instruments engineer had an idea for how to help cable companies squeeze more television channels through their lines to end consumers. In 1992, he set out to turn those ideas into a reality, and on November 8, 1992, the paperwork was officially filed in Delaware for the new company.
Huber immediately began searching for venture capital funding. In late 1993, Huber was introduced to Pat Nettles, a veteran leader of several telecom companies. By early 1994, Nettles was brought on-board to run the business side of things and was soon the company’s first CEO (though owning a doctorate in particle physics, Nettles was no stranger to the technology side of things himself).
Nettles quickly convinced Huber that it was the long-distance phone companies, not the cable TV industry, that would be the best target for Huber’s invention.
The introduction between the two was orchestrated by Jon Bayless, a venture capitalist who’s firm Sevin Rosen Funds provided $3 million in start-up funding for the business in February 1994. more> https://goo.gl/ZdVzLE