CODEON and Quantum Photonics, both start-ups developing optical components, agreed to merge into a new company called Covega Corporation. The company will leverage Indium Phosphide, Lithium Niobate, and hermetic packaging technologies for a series of 10 Gbps and 40 Gbps modulators and transmitter modules, semiconductor optical amplifiers (SOAs) and source laser products. As part of the merger, Covega Corporation raised $17 million as part of its Series A round of financing. Investors include New Enterprise Associates, OCG Ventures, Boulder Ventures,...