Velocity Financial Group funds GPON vendor Alphion

May 21, 2010
MAY 21, 2010 -- Velocity Financial Group Inc. has closed a venture debt facility to Alphion Corp., a developer and manufacturer of GPON access systems and components. Alphion is headquartered in Princeton Junction, NJ, and is backed by Tallwood Ventures, Narra Ventures and ICCP.

MAY 21, 2010 -- Velocity Financial Group Inc. has closed a venture debt facility to Alphion Corp., a developer and manufacturer of GPON access systems and components. Alphion is headquartered in Princeton Junction, NJ, and is backed by Tallwood Ventures, Narra Ventures and ICCP.

Alphion's carrier-class GPON systems are designed to enable a full range of fiber-to-the-premises (FTTP) triple-play services for homes, small businesses, and multi-dwelling apartments. The PON.ext line uses the company's proprietary Qlight technology platform to extend the reach and bandwidth of existing PONs. PON.ext technology can reduce carrier operating expenditures by as much as 60%, while providing 9X more service coverage from existing infrastructures, the specialty finance company asserts.

"Alphion is a welcome addition to our portfolio," said JP Marchette, principal of Velocity. "The company's carrier-class PON.ext technology can extend the length between network endpoints by 300% while servicing up to 400% more users per network port. Alphion's suite of GPON products is critical to servicing the tremendous growth in global data traffic, which has been validated through Alphion's selection by leading international carriers such as BSNL."

In addition to GPON FTTP, Alphion also supplies technology to the telecommunications, CATV, fiber-optic sensing, test and measurement, medical imaging, and defense system markets.

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