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ClariPhy Nabs $24M

socalTECH

The round included new strategic investor Oclaro, multiple un-named telecom OEMs, as well as existing investors Norwest Venture Partners, Allegis Capital, ONSET Ventures, and Pacific General Partners. ClariPhy said the new funding will go towards delivering a new class of sigle-chip ICs focused on optical networking.

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Roping in the Legal Eagles

InfoChachkie

The reference may be well-intentioned, but the lawyer’s allegiance may be divided between the investor and you. Such a lawyer will not go out of their way to screw you, but when crafting the investor documents and in future investor-related issues, your lawyer’s allegiance must be to your company.