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LightPointe Funding Round Attracts $17 Million

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SAN DIEGO, Calif., Feb. 10 -- LightPointe, a designer and manufacturer of optical wireless products based on free-space optics (FSO) technology, has announced a $17 million round of financing that was led by Rho Ventures and included China-based Huawei Technologies Co. Ltd. and existing investors Sevin Rosen Funds, Ampersand Ventures, Telecom Partner, Cisco Systems Inc. and Corning Inc. John Griffin, LightPointe president and CEO, said the funding will allow the company to accelerate its business activities to capitalize on an improving economy. He said the new funds will be used to fund...Read full article

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    Published: February 2004
    CommunicationsNews & Features

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