Beam Express Scores $7.5M

Swiss venture secures Series B funding in its quest to develop 1550nm VCSELs

June 3, 2003

1 Min Read

LAUSANNE, Switzerland -– BeamExpress announces the closing of its Series B financing, a $7.5 million round, led by Atila Ventures and joined by existing investor, Index Ventures. BeamExpress is focused on the design and manufacturing of next generation optical components targeted at meeting the performance and the cost-effectiveness required by equipment manufacturers of metropolitan optical network systems. Professor Eli Kapon and a team of world-class scientists founded the firm, when it spun out of the EPFL (Swiss Federal Institute of Technology, Lausanne) in 2001. Pan-European venture capital firm, Index Ventures, provided the first round of funding and has been actively involved in the development of the company.BeamExpress products are based on a unique and proprietary technology called "localized wafer fusion" developed over several years at the EPFL. This cost-effective technology enables the fabrication of high performance VCSELs (vertical cavity surface emitting lasers) able to deliver high output power and provide wavelength on demand. So far the company has developed both multi wavelength arrays and widely tunable VCSELs."The team continues to make tremendous progress, exceeding every technical milestone," said Giuseppe Zocco, General Partner of Index Ventures. Jean-Claude Charlier, CEO of the company added, "After having demonstrated our first 3mW optically pumped VCSEL and tunable VCSEL last summer, we have now demonstrated our second generation of electrically pumped VCSEL. A new long wavelength device ideally suited for applications such as Metro access and storage networks where, not only low cost, low power consumption and a high level of integration are crucial, but also the capability to transmit over extended reach up to 40 to 60km. Our preliminary reliability tests also show extremely encouraging results."BeamExpress

Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes it's completely free.

You May Also Like