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BinOptics Attracts $13M in Funding

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BinOptics Corp. has closed on $13.3 million in new funding, which it will use to continue the expansion of its product lines and to accelerate the development of its new products. Five new investors participated in this round of funding: Advantage Capital Partners, Enhanced Capital Partners, Gefinor Ventures, Onondaga Venture Capital Fund and Rand Capital. They join existing investors ArrowPath Venture Partners, Cayuga Venture Fund, Draper Fisher Jurvetson and FA Technology Ventures. The funding will help BinOptics meet the increased demand for its 2.5 and 10 Gb/s distributed...Read full article

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    Published: December 2011
    Advantage Capital PartnersAmericasArrowPath Venture PartnersBinOpticsBusinessCayuga Venture FundDFBdistributed feedback lasersDraper Fisher JurvetsonEnhanced Capital PartnersFA Technology VenturesFP lasersGefinor Venturesintegrated monitoring photodiodeslight speedNew YorkOnondaga Venture Capital FundRand Capitalsemiconductor lasersLasers

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