Featured Story
Huawei defies US to grow market share as RAN decline ends – Omdia
The worst is now behind vendors in the market for mobile network equipment, with Omdia forecasting slight growth outside China this year.
FiberSpace's planned portfolio includes laser transmitter modules for OC48 and OC192 applications in closely spaced DWDM systems
January 9, 2001
LOS ANGELES -- fiberSpace, Inc., an innovator in high performance laser sources for optical fiber communications, today announced it has entered into an agreement to sell approximately $12.1 million of series A redeemable convertible preferred stock to J.P. Morgan Capital, L.P, and one of its affiliates, and Morgenthaler Partners VI, L.P. The preferred stock is convertible into common stock of fiberSpace, subject to certain adjustments.
Dr. Leonardo Berezovsky, president and chief executive officer of fiberSpace, said, "We are gratified by the support of these two highly respected venture capital firms with unsurpassed expertise and reputation and their confidence in our technology and products under development."
http://www.fiberspace.net
You May Also Like