Tech Company Financing Transactions
Picolight Funding Round
On 4/7/2005, Picolight landed $13 million in Series A funding from Coral Capital Management, Scale Venture Partners and Vesbridge Partners.
Transaction Overview
Company Name
Announced On
4/7/2005
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Series A
Investors
Proceeds Purpose
This funding round validates the tremendous progress we made through the second half of 2004 and into the first quarter of 2005, and will help us commence volume shipments of 1310nm VCSEL-based products while building on our early lead in this rapidly emerging market for better-performing, more-economical enterprise, storage area and metro network interconnect technology
Company Information
Company Status
Acquired or Merged
Industry
Components
Mailing Address
1480 Arthur Ave
Louisville, CO 80027
USA
Louisville, CO 80027
USA
Phone
Website
Email Address
Not Recorded
Overview
Picolight Inc., headquartered in Louisville, Colo., is an innovative designer and manufacturer of optical components and vertical cavity surface emitting laser (VCSEL)-based optical transceivers for high-bandwidth optical systems in rapidly growing data center, enterprise, storage area, and metro networking markets.
Management Team
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