Formal launch is announced now that company has raised US$3.8 million in seed funding
September 21, 2001
MOUNTAIN VIEW, Calif. -- Redfern Polymer Optics, a world-leading developer and manufacturer of polymer planar and fiber components and polymer optical fibers, today announced its formal launch. The company has raised US$3.8 million in seed funding, mainly from Redfern Photonics. Since its incorporation last October, the company has focused on new product developments. The initial trials for the first two products are on target for late 2001 and the company will shortly announce at ECOC 2001, in Amsterdam, an exciting polymer optical fiber development. "With continuing milestone achievement, the company expects to close up to $10 million in Series A funding by early 2002", said CEO, Dr. Ian MaxwellRedfern Polymer Optics.
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