AOptix Raises $12.9M

CAMPBELL, Calif. -- AOptix Technologies, Inc., aleading edge developer of advanced iris recognition systems and ultra-high bandwidthwireless optical communication solutions, today announced the close of a $12.9 milliondollar financing round led by Northgate Capital of Danville, CA. Participation in theround also included leading venture capital firms, Kleiner Perkins Caufield & Byers,Clearstone Venture Partners, DAG Ventures, W Capital Partners and Lehman Brothers.

The company is building new products for emerging iris biometric and wireless opticaltransmission markets. AOptix is currently in production and launch of the company’sfirst commercial product release for the iris biometrics market, the InSight™ 2 Meter IrisRecognition System.

AOptix Technologies