Optical networking startup VSK Photonics raises $18 million in first round financing

Mar. 14, 2001--VSK Photonics, Inc., a supplier of active photonic components for fiber-optic telecommunications, announced it has received first round investment financing from Morgenthaler Ventures and Intel Capital.

VSK Photonics, Inc., a supplier of active photonic components for fiber-optic telecommunications, announced it has received first round investment financing from Morgenthaler Ventures and Intel Capital. This total investment of $18 million provides VSK Photonics with additional resources to help aid its growth and deploy its core technology.

VSK Photonics uses Indium Phosphide (InP) semiconductor technology to deliver 40Gbit/s opto-electronic component solutions for the next generation optical networks.

Don Ackley, CEO of VSK Photonics said, "We have a very strong development team and this round of financing will support our efforts to provide our high-end products to the market in time for the deployment of the next-generation of high-speed optical networks."

About VSK Photonics, Inc.:

VSK Photonics, Inc. develops high speed optoelectronic components and modules for the telecommunications industry. For more information, visit www.vskphotonics.com.

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