MINNEAPOLIS -- Optical Solutions Inc., the leader in fiber-optic broadband equipment solutions for the last mile, today announced it has raised over $22 million in a new round of equity financing. The Sprout Group and Coral Ventures led the financing, which also includes new investor H.I.G. Ventures, and participating investors Boston Millennia Partners, Menlo Ventures, and St. Paul Venture Capital. This round brings the company's total funding to $126 million. "This new funding will be to used for working capital expansion to support growing customer demand for our FiberPath* 400 fiber-to-the-home (FTTH) system," said Chief Financial Officer James Stewart of Optical Solutions. "We are pleased with the strong support from existing investors in this round of financing, and are looking forward to our new relationship with H.I.G." Optical Solutions Inc.