LuxN Raises $50M+ In 3rd Round

New innvestors include E-Tek Dynamics

May 31, 2000

1 Min Read

LuxN, a leading manufacturer of multi-service optical access platforms, today announced the completion of the company’s third round financing, which raised over $50 million. Funds will be used to expand LuxN’s optical product offerings and to increase the company’s penetration in international markets.

Azure Capital Partners, Credit Suisse First Boston Merchant Bank, E-TEK Dynamics, now part of JDS Uniphase, CommVest and Storm Ventures join the previous round investors, including New Enterprise Associates, U.S. Venture Partners, Mitsubishi, Mitsui and Siemens.

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