Sunday, August 8, 2004

NanoOpto Boosts its Venture Funding by $3.3 Million

NanoOpto Corporation, a start-up based in Somerset, New Jersey, closed on an additional $3.3 million in venture financing for its proprietary nano-fabrication technology for optical components. The company combines its nano-meter scale optical function design capability combined with wafer-based manufacturing methods. The additional funding is from existing equity partners Morgenthaler Ventures; U.S. Trust's Excelsior Venture Partners III, L.L.C.; Draper Fisher Jurvetson (DFJ) Gotham Ventures and New England Ventures; Bessemer Venture Partners; and the Harris & Harris Group. http://www.nanoopto.com