Tech Company Financing Transactions
Alloptic Funding Round
Arcapita Ventures and Ritchie Capital joined a $24 million funding round for Alloptic. The round closed on 12/3/2007.
Transaction Overview
Company Name
Announced On
12/3/2007
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Undisclosed
Investors
Arcapita Ventures (John Huntz)
Ritchie Capital (Thane Ritchie)
Proceeds Purpose
The additional funds will fuel the company's continued global market expansion, extend its leadership position with the MicroNode� product in the RF over Glass (RFoG) space, and protect its significant patent portfolio.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
2675 Collier Canyon Rd.
Livermore, CA 94551
USA
Livermore, CA 94551
USA
Phone
Website
Email Address
Overview
Alloptic delivers proven, standards-based passive optical network access equipment that operates at gigabit speeds. A complete suite of central office and customer premise equipment simplifies deployment for both Fiber-to-the-Business and Fiber-to-the-Home applications.
Management Team
Title
Name
Email & Social
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Prev: 12/1/2007: Ustream venture capital transaction
Next: 12/3/2007: Blackwave venture capital transaction
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