WaveSplitter Raises $51 Million

Optical amplifier and DWDM component startup plans to expand manufacturing capacity, accelerate product development

October 3, 2000

1 Min Read

FREMONT, Calif. -- WaveSplitter Technologies, Inc., a supplier of fiber optic components for optical amplifier and DWDM systems, today announced the completion of a $51 million equity financing round which was led by Thomas Weisel Capital Partners. This latest round attracted a consortium of late stage venture and corporate investors, including J. & W. Seligman & Co., Corvis Corporation, NEC Corporation and Kalkhoven Pettit Levin Ventures LLC. In addition, previous investors Mayfield Funds, China Development Industrial Bank, NIF Ventures and Star Ventures participated in the round.

http://www.wavesplitter.com/WhatsNew/2000/10-3-2000EQ.htm

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