Boca Photonics received $3 million in venture financing

Feb. 8, 2001
Boca Photonics, Inc., an optical networking company that provides service solutions focused on engineering competitive economic advantages for network operators, announced that it has raised $3 million in venture financed seed funding.

Boca Photonics, Inc., an optical networking company that provides service solutions focused on engineering competitive economic advantages for network operators, announced that it has raised $3 million in venture financed seed funding led by VantagePoint Venture Partners of San Bruno, CA and Alliance Technology Ventures of Atlanta, GA.

"We are delighted to receive the backing from VantagePoint Venture Partners and Alliance Technology Ventures," said Michael McLauglin, President and CEO of Boca Photonics. "They will play a key role as we develop an integrated suite of products based on our optical networking technology to create new services, improve efficiency and reduce cost for existing and emerging carriers. We are also pleased to welcome VantagePoint Partner, Jeff Marshall to our Board of Directors."

About Boca Photonics:

Boca Photonics, Inc. is a an optical networking company developing a suite of integrated optical products designed to plan, implement, and restore the next generation of optical networking services for existing and emerging Interexchange Carriers (IXC). Boca Photonics is based in Boca Raton, FL and has research and development facilities in Atlanta, GA. For more information, visit www.bocaphotonics.com.

About VantagePoint Venture Partners:

VantagePoint Venture Partners is an active venture capital firm that provides assistance to new networking, communications, semiconductor and Internet infrastructure companies.

About Alliance Technology Ventures:

Alliance Technology Ventures is an early-stage venture capital firm investing in communications technology, Internet infrastructure, e-commerce, and life science startups.