JUNE 6, 2008 -- In response to broad-based market demand, Cube Optics AG (search for Cube Optics) has completed a strategic financing round that will enable it to commercially exploit its next-generation of optical networking products. Existing shareholders The Carlyle Group, Sevin Rosen Funds, Star Ventures, and Target Partners participated in the round.
From its headquarters in Mainz Germany, Cube Optics designs, manufactures, and distributes a range of optical components, modules, and architecture-specific offerings tailored to the requirements of optical access networks. Cube Optics' core products are compliant with Telcordia outside-plant standards.
"The major telecom, fiber-to-the-home, ISP, enterprise, and cable television/hybrid fiber cable network operators view deployment of 100-Gbit fiber networks as critical to satisfying the relentless growth to higher data transmission volumes and overcoming impending bandwidth bottlenecks with expansion of data transmission capacity," explains Francis Nedvidek, CEO of Cube Optics.
"Having successfully established our WDM Access and PON solutions with telecom, FTTH, CATV and HFC network operators, Cube Optics is scaling operationally in response to significant growth in demand for its products," he continues. "This financing enables us to reinforce our position as a key value chain partner for transceiver OEMs and will support us in building a new long-term revenue stream tied to next-generation multi-wavelength 10-km 100-Gbit (4 x 25G) Ethernet interfaces."
"Our shareholders have demonstrated their strong belief in the value proposition and strategy of Cube Optics," Nedvidek adds. "The company currently delivers its portfolio of access solutions globally, and the team is now poised to integrate Cube Optics' micro-miniature optical platforms with high data rate electro-optics to address emerging markets for multi-wavelength LAN WDM transponder components and configurations. Mass adoption of rich content, together with delivering new business and consumer service offerings such as IPTV, peer-to-peer video services, and remote data backup, will depend on these next-generation fiber network components."
Visit Cube Optics