Photonics Spectra BioPhotonics Vision Spectra Photonics Showcase Photonics Buyers' Guide Photonics Handbook Photonics Dictionary Newsletters Bookstore
Latest News Latest Products Features All Things Photonics Podcast
Marketplace Supplier Search Product Search Career Center
Webinars Photonics Media Virtual Events Industry Events Calendar
White Papers Videos Contribute an Article Suggest a Webinar Submit a Press Release Subscribe Advertise Become a Member


CyOptics Inc. Raises $57 Million from Cisco, Corning, Intel and Vitesse

BURLINGTON, Mass., Oct. 6 -- CyOptics Inc. has completed a $57 million round of funding led by Cisco Systems. The financing will go toward product development, increased expansion of the company's manufacturing facilities and customer support infrastructure, said CyOptics. CyOptics has raised more than $77 million since its opening.
Teaming-up with Cisco Systems during CyOptics' latest round of funding was Intel Capital and Vitesse Semiconductor. All of CyOptics' original investors participated as well.
I am proud to have this superb group of corporate investors, each a leader in its market, participate in this round of equity financing. We expect these companies to provide tremendous added value as business partners or technology advisors. said Eran Yarkoni, CyOptics president. CyOptics designs, manufactures and markets high-performance optical networking components for the Internet and telephony infrastructure.

Explore related content from Photonics Media




LATEST NEWS

Terms & Conditions Privacy Policy About Us Contact Us

©2024 Photonics Media