LIGHTCONNECT Attracts $9 Million Backing
NEWARK, Calif., Sept. 11 -- LIGHTCONNECT, a supplier of dynamic components and modules for optical networks, has raised $9 million in its third round of financing, led by Sevin Rosen Funds. Other participating investors include Incubic, Morgenthaler, U.S. Trust, U.S. Venture Partners and Optical Capital Group.
This latest round of funding will be used to expand LIGHTCONNECT's product portfolio, leveraging its MEMS technology expertise. It will also fuel domestic and international expansion through increased sales and marketing efforts. The company's products include market-leading variable optical attenuators, dynamic gain equalizers and dynamic channel equalizers.
For more information, visit: www.lightconnect.com
LATEST NEWS
- CLEO Heads to the East Coast
Apr 29, 2024
- Laser-Based Gas Analyzer Developed to Detect Air Pollution
Apr 29, 2024
- Qubits Could be Stored in Flash-Like Memory
Apr 29, 2024
- Exail Signs LLNL Contract, Partners with Eelume
Apr 26, 2024
- Menlo Moves U.S. HQ: Week in Brief: 4/26/2024
Apr 26, 2024
- Optofluidics Platform Keys Label-, Amplification-Free Rapid Diagnostic Tool
Apr 25, 2024
- DUV Lasers Made with Nonlinear Crystals Enhance Lithography Performance
Apr 25, 2024
- Teledyne e2v, Airy3D Collaborate on 3D Vision Solutions
Apr 24, 2024