Laser components manufacturer Santur announces funding round led by new investor VantagePoint Venture Partners

December 2, 2003

1 Min Read

FREMONT, Calif. -- Santur Corporation, a leading manufacturer of reliable, cost-effective source laser components for the telecommunications industry, today announced a $10 million Series C funding, led by new investor VantagePoint Venture Partners, one of the largest and most active venture capital firms in the nation. The round also included existing investors Menlo Ventures, Sequoia Capital, Thomas Weisel Venture Partners, and Lighthouse Capital Partners.

"Santur's strong customer traction with tier-1 systems suppliers, its reliable tunable laser technology, and proven management team are three great reasons to be excited about this investment." said David Fries, Managing Director, VantagePoint Venture Partners.

"We are very pleased with this vote of confidence in Santur, the market, and our ability to execute to our business plan," said Dr. Richard Craig, CEO of Santur Corporation. "With this Series C funding, Santur is fully funded and will be able to meet our customers ramping production schedules."

Santur Corp.

Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes it's completely free.

You May Also Like