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Communications infrastructure company closes Series A investment round, led by global private equity firm Warburg Pincus
August 13, 2001
NEW YORK -- Q-Optics, a communications infrastructure company that is setting the ultimate standard for high speed provisioning of optical networks, announced today the closing of its Series A investment round led by global private equity firm Warburg Pincus. The company is developing technology to enable real-time peering management of optical circuits across multiple carrier and multiple vendor networks. The investor group also included The Hatch Group, Brobeck Phleger & Harrison, Taylor Winfield, Collaborative Capital, well regarded angel investors, and Q-Optics' founding investor VenturiFX. "We are very excited to back the founding management team of Q-Optics," stated Frank Brochin, Managing Director at Warburg Pincus. "We believe the company is targeting on a massive opportunity in the optical networking space and their solutions will have a significant impact on the cost infrastructures and revenue opportunities of the global service provider community." Q-Optics Inc.
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