NLight Photonics Scores $44 Million

SEATTLE -- nLight Photonics, a pioneer in high-performance optical components, today announced that it has raised $44 million in its second round of financing. This funding will accelerate the development of the company's innovative pump lasers, which will provide increased transmission capacity to optical networks. In addition, the funding will facilitate the expansion of the company's manufacturing operations in Seattle and Vancouver, WA.

nLight's second round was led by Menlo Ventures and Oak Investment Partners. Also investing were Mohr, Davidow Ventures, Adams Capital Management, Cedar Grove Investments, and a number of individuals with deep backgrounds in the optics business. nLight raised $9 million six months ago in a first round led by early-stage investor Mohr, Davidow Ventures. Included in the investors' portfolios are a number of next-generation optical systems providers and infrastructure companies that can benefit from nLight's new technology.

"The backing of such well regarded investors will enable us to continue attracting top industry talent and accelerate our product development efforts," said nLight President and CEO Scott Keeney.

http://www.nlightphotonics.com