LaserComm secures $21 million

Jan. 15., 2002 - LaserComm (Plano, TX) announced that it secured fourth-round funding in the amount of $21 million from internal investors led by Morgan Stanley Venture Partners and Index Ventures. Previous investors Cedar Fund, GE Equity, Gilde Investment Funds, Giza Group, Link Technologies, and SSM Ventures also joined in the round.

Jan 16th, 2002

Jan. 15., 2002 - LaserComm (Plano, TX) announced that it secured fourth-round funding in the amount of $21 million from internal investors led by Morgan Stanley Venture Partners and Index Ventures. Previous investors Cedar Fund, GE Equity, Gilde Investment Funds, Giza Group, Link Technologies, and SSM Ventures also joined in the round.

The infusion of capital will allow LaserComm to support its growing customer base, scale manufacturing, expand its dispersion management product line, and introduce new products. The additional funding brings LaserComm's cumulative total financing to $77 million.

More in Business

Cog Wheels 2125169 1920

Equinix agrees to buy Packet for bare metal automation expertise

Equinix says the addition of Packet’s expertise and platform will help its enterprise customers more easily deploy hybrid multicloud architectures on its Platform Equinix, the company’s data center and interconnection platform.

Deal 4131445 1920

VIAVI partners with Ingram Micro for fiber and cable network test technology distribution

Viavi Solutions Inc. says it has reached an agreement with Ingram Micro Inc. for U.S. distribution of some of the former’s test instruments for fiber and cable MSO networks as well as performance management offerings for enterprise networks

Business 962355 1920

Atlantic Broadband to buy Thames Valley Communications

The deal to acquire the Southeastern Connecticut service provider is expected to close within the next three months, subject to customary regulatory approvals.

The Equinix MX2 International Business Exchange (IBX) data center, one of three data centers the company purchased in Mexico.

Equinix closes purchase of three Mexican data centers

The data centers offer a combined total of about 115,000 square feet of colocation space as well as enough power capacity to lead Equinix to assert it is now one of the largest network-neutral data center operators in the country.

Chess 2727443 1920

Weiming Li new president and CEO at Source Photonics

Optical transceiver and component vendor Source Photonics has named Weiming Li, former general manager of Source Photonics China, as its new president and CEO effective immediately. He replaces the resigning Doug Wright as CEO.

Fiber Optic 2749588 1280

NTCA: Rural operators embracing fiber broadband

NTCA members report that 64% of their customers (on average) will receive services via fiber to the premises (FTTP) by the end of 2020, with just more than half of survey respondents predicting that this number will reach approximately 85% by 2025.

Usd 2874026 1280

TDS closes purchase of Continuum

The company announced the $80 million deal for Continuum, headquartered in Mooresville, NC, in August 2019.

Technology 3762558 1920

Lightwave Logic receives U.S. patents for polymer modulator photonic integration

The patents, Numbers 10,509,164 and 10,511,146, cover the integration of lasers with polymer devices, such as the company’s modulators, to create an optical transmitter.

Staff 2473871 1920

Videotron agrees to buy Cable Amos

The acquisition dovetails with Videotron’s plans to serve the rest of the western Quebec region via interconnecting to the network of fellow cable operator Cablevision.

Network 2402637 1280

Interxion expands in Africa with additional investment in Icolo, partnership with Pembani Remgro Infrastructure Fund

Interxion originally invested in Icolo in March 2016. Icolo is a carrier and cloud-neutral data center operator with two data centers in Kenya.

Rob Skinner, Octopus, with Brice Yharrassarry, CEO of Swish Fibre, signing their new agreement supported by their respective teams.

Swish Fibre to fund UK FTTP deployment through sale to Fern Trading

The London-based company says it plans to pass 250,000 premises in the Home Counties with its FTTP infrastructure.

Conclusion Of The Contract 3100578 1920

Brookfield Infrastructure to buy Cincinnati Bell for $2.6 billion

The cash transaction has received unanimous approval of Cincinnati Bell's board of directors but is subject to customary closing conditions, including Cincinnati Bell shareholder approval and regulatory approval.

Graph 163509 1280

U.S. FTTH homes passed sets year-on-year record: Fiber Broadband Association

U.S. broadband services providers and network operators have rolled out enough fiber to the home (FTTH) infrastructure to pass 6.5 million homes over the past 12 months.

ICP spending has taken a nose dive over the last several quarters -- but picked up in Q3, according to LightCounting.

LightCounting has eight reasons optical component vendors should enjoy the holidays

What’s the matter, bunky? Feeling down that Ethernet optical transceivers sales showed their first year-on-year revenue declines since 2009? LightCounting says you should cheer up -- and has eight reasons why.