Tech Company Financing Transactions
Covega Funding Round
Covega, based in Jessup, secured $10 million from Core Capital Partners, Intersouth Partners and Siemens Venture Capital.
Transaction Overview
Company Name
Announced On
8/21/2006
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Core Capital Partners (Lead Investor) (Pascal Luck)
Intersouth Partners (Lead Investor)
Proceeds Purpose
The company will use this latest round to fund working capital growth, expansion of manufacturing capacities and acceleration of the product roadmap for new tunable optical components.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
10335 Guilford Road
Jessup, MD 20794
USA
Jessup, MD 20794
USA
Phone
Website
Email Address
Overview
Covega Corporation has established world-class proprietary technologies in InP and LiNbO3 to produce high performance optical devices and modules at a low cost with very small footprints.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Joseph Dixon
Chief Financial Officer
Randy Klueger
Chief Marketing Officer
Dan Petrescu
Chief Operating Officer
Lisa Peterson
Chief Technical Officer
Peter Heim
Browse more venture capital transactions:
Prev: 8/21/2006: Primorigen Biosciences venture capital transaction
Next: 8/22/2006: Histogen venture capital transaction
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We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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