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Optical components business of NanoGram Corp. closes funding round for $25 million
March 13, 2002
FREMONT, Calif. -- Neo Photonics Corporation today announced completion of an equity funding of approximately $25 million. Investors included Bay Partners, Venrock Associates, Rockport Capital Partners, Institutional Venture Partners, SBV Venture Partners, Linkmore Capital, Harris & Harris, Nth Power Technologies, Hydro Quebec CapiTech, Sands Brothers, Groupe Siparex, XR Ventures and Dow Corning Corporation. Neo Photonics develops and manufactures advanced planar optical devices by monolithically integrating active and passive optical materials using the company's proprietary nanomaterials-based process solutions. The company's customer-engineered chip solutions uniquely enable integration of active and passive functions into planar waveguide product platforms. Neo Photonics Corporation (NEO(TM) = Nano Enabled Optics) is the optical components business of NanoGram Corporation. Neo Photonics Corp.
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