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Hamamatsu Corp. - Earth Innovations LB 2/24

AOptix Closes $42M Funding Round

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CAMPBELL, Calif., Aug. 24, 2012 — Privately held AOptix Technologies Inc. has closed a $42 million Series E funding round, bringing total investment in the company to date to $123 million. The proceeds will support product development, sales and marketing for the launch of its new products. AOptix’s existing investors — Clearstone Venture Partners, DAG Ventures, Kleiner Perkins Caufield & Byers, Northgate Capital and W Capital Partners — participated in this round and were joined by a new investor, True Ventures. The company’s founders originally invented adaptive optics technologies to...Read full article

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    Published: August 2012
    Glossary
    adaptive optics
    Adaptive optics (AO) is a technology used to improve the performance of optical systems by reducing the effects of atmospheric distortions. The Earth's atmosphere can cause light passing through it to experience distortions, resulting in image blurring and degradation in various optical applications, such as astronomical observations, laser communications, and imaging systems. Adaptive optics systems actively adjust the optical elements in real-time to compensate for these distortions. Key...
    photonics
    The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
    adaptive opticsAmericasAOptixaviation securitybiometric techniquesBusinessCaliforniaClearstone Venture PartnersCommunicationsDAG VenturesDARPADean Sennerdefensefunding roundidentity verificationimmigration controlKleiner Perkins Caufield & Byersmobile wireless networksNorthgate Capital and W Capital PartnersOpticsphotonicsSeries E funding roundTrue VenturesUS military

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