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

Picosecond Pulse Labs Raises $25 Million in Series A Funding

Photonics.com
Mar 2001
BOULDER, Colo., March 15 -- Picosecond Pulse Labs, Inc., a designer and manufacturer of high-speed optoelectronic components and modules for 10, 40 and 160 Gb/s long-haul optical communications systems, announced that it closed its Series A funding totaling $25 million. The capital will be used to expand Picosecond's existing 40 Gb/s component line, and to deliver the telecommunication industry's first comprehensive line of transmitter and receiver components to reach 40 Gb/s. Corning Inc. led this funding round.
   Corning and Picosecond will explore the joint development of optoelectronic devices and modules for high-speed telecommunications fiber optic systems. The round includes investments from Finisar Corp. and Barrington Partners.
   "Corning is committed to maintaining its leadership in the development of next-generation photonic products. Working with technology partners such as Picosecond is a key ingredient in our strategy, " said Rob Hannemann, Corning's vice president of Strategic Business Development. "We look forward to working with Picosecond in addressing the challenges of high-speed optical transmission."


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.