Southampton Photonics Raises Series B Funds

SOUTHAMPTON, England, July 30 -- Southampton Photonics, a developer and manufacturer of high-power fiber lasers and components for the industrial, aerospace, analytical, sensing and communications sectors, announced it has completed its Series B funding round. The funds will be used primarily to accelerate the company's sales and marketing activities and to provide it with working capital.

Participants include existing investors Amadeus Capital Partners, The Infrastructure Fund, Interwest Partners, Quantum Technology Partners and Sevin Rosen Funds, along with Advent Venture Partners. Advent Venture Partners will join the SPI board.

SPI uses its proprietary technology to manufacture fiber lasers, amplifiers and fiber grating-based products, which have applications in various markets, including industrial, aerospace, analytical, sensing and communications. The company recently reported 600 watts from a single fiber laser with high beam quality.

For more information, visit: www.spioptics.com