AAA CyOptics continues fundraising run

CyOptics continues fundraising run

US-based optical chip maker CyOptics has raised its targeted $50m offering, according to a regulatory filing. 



In October 2005, CyOptics raised $27m in its series F round, including $7.5m of debt from Comerica Bank, from a consortium of venture capital firms Birchmere Ventures, JVP, Sprout Group, TowerBrook Capital Partners, and Eurofund.

A year earlier, CyOptics’ series D round raised $10m from a consortium that included France Telecom’s corporate venturing unit, Innovacom.

In October 2000, CyOptics raised $57m from Cisco Systems, Corning, Intel Capital, Vitesse Semiconductor and ll CyOptics original investors that had previously provided $20m, including Jerusalem Venture Partners, SCD, Soros Private Equity Partners, Sprout Group, Innovacom, Natexis, and Eurofund.

 

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