Photonic design and manufacturing services provider EM4 receives $8M in a Series B financing round led by Baker Capital

December 15, 2003

1 Min Read

BURLINGTON, Mass. -- EM4, Inc., an emerging force in contract design and manufacturing services for photonics and integrated optics, today announced that it has raised $8 million in a Series B private equity financing round led by Baker Capital of New York. Other investors include Rustic Canyon of Santa Monica, California, and CapMan Ventures of Helsinki.

“This investment is a significant affirmation of EM4 and our vision for outsourced manufacturing,” said Basil Garabet, CEO of EM4. “The proceeds will be used to fund the expansion of operations in plant, equipment and overall capabilities. Outsourced manufacturing is clearly here to stay. Backed by this new financing, EM4 will continue to lead this critical sector by providing innovative design and development services and an increased production capacity.”

EM4's core capabilities include the design, development, full-scale production and reliability testing of integrated active devices including directly modulated lasers, photodiode receivers, transceivers, pump lasers and amplifiers. By partnering with EM4, companies can focus valuable resources on product innovation, marketing, and distribution with confidence that the supply of the most critical optoelectronic components in their systems and networks is reliable and cost-effective.

“EM4 combines a powerful team with a compelling business model,” said Simon Lee, General Partner of Baker Capital. “They have taken their core competencies in sub-micron assembly technologies and successfully applied these to critical applications in areas stretching from defense and communications to biotechnology and industrial materials processing. We are very excited to be a part of EM4’s growth and future successes.”

EM4 Photonics Inc.

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

You May Also Like