Thursday, November 20, 2003

Core Optics Raises $15 Million for High-Speed Components

Core Optics, a start-up based in Nuremberg Germany and Manchester, New Hampshire raised announced the closing of $15 million Series C funding from existing investors, Crescendo Ventures, Techno Venture Management, High Tech Private Equity and Atila Ventures/ETV.

CoreOptics develops and manufactures optical modules and subsystems. Its current portfolio includes advanced transponders at 40 Gbps and 10 Gbps as well as high performance ASICs for Metropolitan and Long Haul optical systems.
http://www.coreoptics.com