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Zia Laser Nets $5.4 M in Funding Round

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ALBUQUERQUE, N.M., March 11 -- Zia Laser Inc., a developer of quantum dot 1310 nm and 1550 nm semiconductor laser technology, announced it has received $5.4 million in Series B equity financing from Prism Venture Partners and the RWI Group. The funding will enable the company to launch commercial volume quantum dot manufacturing and sales. "The investment is a validation of our innovative technology and ability to execute in a time when raising capital is extremely challenging. Our business strategy and continued low burn rate are critical to the longevity of the company," said Tom Brennan,...Read full article

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    Published: March 2003
    industrialNews & Features

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