CiDRA Raises $100M

CiDRA announces it closed on a $100 million round of equity funding

June 21, 2000

1 Min Read

WALLINGFORD, CT -- CiDRA Corporation today announced it closed on a $100 million round of equity funding. CiDRA is a privately held, Connecticut-based developer and manufacturer of tunable photonic components and subsystems that allow management and control of traffic on next-generation optical telecommunications networks. The financing will be used to ramp-up CiDRA's manufacturing capacity as well as accelerate its product development activities to meet the aggressive growth demands of the optical networking industry.

http://www.cidra.com/opticalnetworkproducts
/news/press_releases/pr_cidra100million.html

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