Japan-based manufacturers Fujikura and NTT Electronics (NEL) back Nistica's D round.

Nistica, a US-based provider of optical networking equipment, has raised $5.5m in its series D round of equity with a further $3m of debt from MMV Financial.

Battelle Ventures, a $220m venture capital (VC) fund managed on behalf of the National Laboratories that Battelle Memorial Institute, and peer Technology Venture Partners (TVP) co-led the round.

They were joined by VCs Novitas Capital (formerly known as PA Early Stage Partners) and MMV Investment Partners, and Japan-based manufacturers Fujikura and…

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