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

Salira Optical Networks Systems Secures $7 Million
Feb 2002
SANTA CLARA, Calif., Feb. 28 -- Salira Optical Network Systems Inc. announced it raised $7 million in new equity and debt financing. The new funding closes a Series B round of $22.1 million and brings the total investment in Salira to $29.1 million. Sofinnova Ventures is the latest investor to participate in Salira's Series B round, which was led by Mobius (formerly Softbank) Venture Capital. Pac Rim Venture Partners and Manitou Ventures also participated in the official closing of the round. Salira also disclosed that it has secured a $2 million revolving credit facility from Heller Financial, a division of GE Capital.

Salira also announced that it has moved its headquarters from San Jose to a larger facility in Santa Clara that features a systems integration and test center for manufacturing and quality assurance and four times as much lab space. The company also moved its administrative, operations, marketing and sales activities to the new facility, at 5451 Patrick Henry Drive, Santa Clara, California 95054.

industrialNews & Features

Terms & Conditions Privacy Policy About Us Contact Us
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2019 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.