Auxora completes $3-million Series A financing round
June 19, 2002--Auxora Inc. has completed its Series A financing round with an additional $3 million, led by Rustic Canyon Ventures. Existing investors Intel Capital and individuals also participated.
Auxora Inc., provider of optical filter products for wavelength management and control, has completed its Series A financing round with an additional $3 million, led by Rustic Canyon Ventures. Existing investors Intel Capital and individuals also participated.
This financing round brings the total investment in Auxora to $14.7 million. Rustic Canyon, Intel Capital, and individuals provided an initial investment of $11.7 million in September 2000. Auxora will use the funds to continue expansion of its R&D efforts and to help bring its new products, including next-generation tunable filters, to market this year.
Using its proprietary NanoCODE deposition technology, Auxora's current products include tunable filters, DWDM filters (50-Ghz and 100-Ghz), and specialty thin film filters such as Gain Flattening Filters and high performance band splitters. Auxora currently has over 15 public and private customers in the US and abroad.
For more information about Auxora Inc. (Baldwin Park, CA), visit the company's Web site at www.auxora.com.