“We are pleased to have a new investor of the caliber and reputation of Summit Partners join our existing group of top-tier investors,” said Acacia President and CEO Raj Shanmugaraj. “Enthusiastic investor support culminates an exciting year of growth across all dimensions of our business and validates the market momentum we’ve established in the fast-growing coherent 100G transceiver market. Acacia has developed fundamentally innovative technologies that dramatically drive down the costs, size and power of high-speed fiber optics communication equipment. We will continue to expand into multiple market segments through the development of new products, as we position the company for long-term growth.”

Peter Chung, a Managing Director of Summit Partners said, “We believe Acacia has the team, the technology and the track record of execution necessary to deliver industry-leading solutions to its customers and superior financial performance for investors. The company is very well- positioned to lead the optical networking industry into the 100G era. We look forward to partnering with the Acacia team and the current investors in support of the company’s long-term growth strategy.”

Acacia Communications Inc.