CoreOptics nabs another $28 million

July 10, 2006 Nuremberg, Germany, and Manchester, NH -- CoreOptics, designer and manufacturer of 10- and 40-Gbit/sec optical networking subsystems, today announced the closure of a $28-million round of financing from new and existing investors, bringing the company's total funding to over $68 million to date.

CoreOptics mission is to deliver innovative 10- and 40-Gbit/sec transponder subsystems products to overcome optical layer impairments using advanced digital signal processing techniques based on Maximum Likelihood Sequence Estimator (MLSE) algorithm. CoreOptics currently offers 10-Gbit/sec DWDM, 40- and 43-Gbit/sec single-channel short-reach, and DWDM 300-pin MSA transponder subsystems, including key building blocks such as 43-Gbit/sec ultra-FEC, 40-Gbit/sec mux/demux for 4x10G client signals, and Interface Converter supporting SFI-5s, SFI-4, and XFI.

"CoreOptics has been in the forefront of developing distortion tolerant 10G/40G solutions, which have enabled the next generation of open tolerant optical networks around the world," contends Hamid Arabzadeh, CoreOptics' president and CEO. "Our solutions deliver the highest level of chromatic dispersion and PMD [polarization mode dispersion] tolerance in the market today. CoreOptics has successfully completed product introduction phase with a number of topTier-1 system providers and is now focusing on ramping up volume manufacturing to address the significant growth in demand for our products," he adds.

CoreOptics' 10-Gbit/sec transponder product is enabled by the company's MLSE electronic equalization engine that acts adaptively as part of the receiver to compensate for both optical and electrical distortions accumulated along the transmission link. CoreOptics' 10-Gbit/sec DWDM transponder product is in deployment with 15 service providers globally.