Tech Company Financing Transactions
BinOptics Funding Round
On 11/15/2006, BinOptics secured $6 million in Series C financing from STIC Investments, Arnerich Massena and Cayuga Venture Fund.
Transaction Overview
Company Name
Announced On
11/15/2006
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series C
Investors
STIC Investments (Lead Investor) (Steven Lee)
Proceeds Purpose
BinOptics will use the new funding to support the scaling of its line of telecom and datacom lasers designed for high speed (up to 10Gbps) over a wide range of temperatures. It will also be used to accelerate product development of etched-facet blue lasers for optical storage applications.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
9 Brown Rd.
Ithaca, NY 14850
USA
Ithaca, NY 14850
USA
Phone
Website
Email Address
Overview
BinOptics Corporation designs, develops, and manufactures monolithically integrated optoelectronic components based on indium phosphide and other semiconductor materials.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alex Behfar
Chief Financial Officer
Christopher Smith
VP - Bus. Development
Norman Kwong
VP - Operations
William Fritz
Browse more venture capital transactions:
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