Nozomi Secures $8M Round

Nozomi Photonics raises $8 million in financing round led by Japanese investor Globis Capital Partners

August 30, 2005

1 Min Read

SAN JOSE, Calif. and TOKYO -- Nozomi Photonics, a supplier of high-speed optical switches, today announced that it has secured $8 million of funding led by Japanese investor Globis Capital Partners.

Following this financial round, Takuo Inoue, Principal at Globis Capital Partners and Akihito Ogino, Partner at Tokio Marine Capital, will be joining Nozomi Photonics’ Board of Directors.

“This additional funding shows Nozomi Photonics’ execution capabilities in delivering breakthrough technologies to our customers”, said Keiichi Nashimoto, President and CEO of Nozomi Photonics. “We are extremely pleased to welcome very experienced members to the Board of Directors. We intend to use the additional funding to strengthen our leadership position with products development and team expansion in our R&D and manufacture facility in San Jose, California”.

Nozomi Photonics Co. Ltd.

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