Luxtera Funding Round Raises $21M
CARLSBAD, Calif., Feb. 28, 2012 — Fabless semiconductor company Luxtera Inc. announced it has closed a $21.7 million C round of growth capital financing to support design win opportunities and market adoption of Silicon CMOS Photonics.
Participation in the C round includes inside investment for NEA, August Capital, Sevin Rosen, Funds and Lux Capital as well as new investment from Tokyo Electron and personal investment from an industry titan, the company said.
Luxtera also has added Martin Colombatto to its board of directors. Colombatto most recently served as the CEO and president of Staccato Communications of San Diego, an ultrawideband/wireless USB company.
For more information, visit: www.luxtera.com