Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
Email Facebook Twitter Google+ LinkedIn Comments

Picolight Raises $38.9 Million in Third Funding Round
Nov 2000
BOULDER, Colo., Nov. 1 -- Picolight Inc. has netted $38.9 million in its third round of funding, its most lucrative round to date. The round was led by Pequot Private Equity Fund III L.P., and included first-time investors Cisco Systems Inc. and Corning Inc., as well as existing investors such as Bank of America Ventures and Charles River Ventures. The proceeds will allow Picolight to speed up the manufacture of its vertical-cavity laser-based, 1-30 Gb/s fiber optic components, accelerate and expand research, and develop and supplement marketing, the company said.
The funding is a clear indication of support for Picolight's vision and focus on high-speed fiber optic interconnects for backplanes, switching centers, metro and access networks, said Stan Swirhun, CEO of Picolight. Picolight is a supplier of networking components to the telecom and storage networking industries.

CommunicationsNews & Features

Terms & Conditions Privacy Policy About Us Contact Us
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA,

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.