Search Menu
Photonics Media Photonics Buyers' Guide Photonics Spectra BioPhotonics EuroPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook

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

Facebook Twitter LinkedIn Email Comments
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.
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.
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.
Oct 2000
CommunicationsindustrialNews & Features

back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2020 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, [email protected]

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.