Santur Lands $13M
FREMONT, Calif. -- Santur Corporation, the world's leading supplier of tunable solutions and parallel array devices using Intelligent Integration™, today announced that the company has secured more than $13 Million in funding from existing investors. "Investors are excited by our recent product introductions, our near term roadmap, and the strength of Santur's business model," stated Paul Meissner, Santur President and CEO. "We are encouraged by this strong show of support in the midst of a difficult economic climate." Menlo Ventures led the round with participation from existing investors including Sequoia Capital and VantagePoint Venture Partners.
Santur will focus the funds raised on the new product required to meet pent up demand for high bandwidth, photonic integrated devices in their Tunable and EPIC™ product lines. This announcement comes on the heels of Santur's successful new 100G client-side and line-side product and technology based on Intelligent Integration™ demonstrated at OFC '09 and Interop 2009.