Close

Search

Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
SPECIAL ANNOUNCEMENT
2016 Photonics Buyers' Guide Clearance! – Use Coupon Code FC16 to save 60%!
share
Email Facebook Twitter Google+ LinkedIn Comments

NeoPhotonics Completes Funding Round

Photonics.com
Jun 2002
FREMONT, Calif., June 21 -- NeoPhotonics Corp. announced it has completed a funding round totalling $35 million. New equity investors CDP Capital-Technology Ventures (formerly CDP Sofinov), RockPort Capital Partners, Small-Technology Venture Capital (Harris & Harris Group) and Linkmore Capital joined existing investors Bay Partners, Venrock Associates, Institutional Venture Partners, SBV Venture Partners, Nth Power Technologies, Hydro Quebec CapiTech, Sands Brothers, Groupe Siparex, XR Ventures, Dow Corning Corp. and existing debt financier Dominion Ventures in completing the round, which was oversubscribed. In conjunction with this equity round, GE Capital Technology Finance is providing lease financing for business-critical assets.

Bob Williams, general partner at Bay Partners, said, "I am pleased to see NeoPhotonics' unique nano-based technology being commercialized in planar components. It will dramatically decrease the cost of integration and has tremendous additional applications as a broad-based platform in the optical components sector."

Williams and Yves Lamarre, a partner at CDP Capital-Technology Ventures, have joined NeoPhotonics' board of directors. NeoPhotonics develops and manufactures advanced planar optical devices by monolithically integrating active and passive optical materials using the company's proprietary nanomaterials-based process solutions.



Comments
Terms & Conditions Privacy Policy About Us Contact Us
back to top

Facebook Twitter Instagram LinkedIn YouTube RSS
©2016 Photonics Media
x We deliver – right to your inbox. Subscribe FREE to our newsletters.