February 11, 2003--Eblana Photonics, the Irish-based provider of advanced laser products for broadband access communications, has secured a $4.5 million investment in a Series B fundraising.
The latest investment has been led by TLCom Capital Partners, the London-based pan-European venture capital firm specializing in the communications and information technologies sector. This round brings the total funds raised by Eblana Photonics, founded in December 2000, to $7.75 million. Existing investors, ACT Venture Capital, and Enterprise Ireland, also participated in the financing.
Eblana Photonics was set up to commercialize laser component technology developed in a photonics research program involving Trinity College Dublin, the Irish National Microelectronics Research Centre (NMRC) and Enterprise Ireland.