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CENiX Secures $52M in Equity and Debt Financing

Photonics.com
Nov 2001
LEHIGH VALLEY, Penn., Nov. 1 -- CENiX Inc., designer and automated manufacturer of next-generation high-speed optoelectronic interfaces, has raised an additional $52 million in a combination of second-round equity and debt financing, bringing the company's total funding to $77 million.

In addition to first round investors, the recently completed Series B equity round of $34 million includes POSDATA Co. Ltd., AK Investments, LG Electronics Inc., Athena Venture Fund, Samwhan Corp., S.P. Comtech Co. Ltd., Optical Capital Group and other strategic partners and individuals. The $18 million in debt financing was funded by Western Technology Investment and Comdisco Ventures in support of CENiX's manufacturing infrastructure and automation equipment financing.



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