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Optillion Banks Series C Investment of $15 Million
10/30/2002 3:14 AM EST
-Crescendo Ventures, Cisco Systems, Investor AB and ITACT Lead the Round
Stockholm, Sweden-October 30, 2002-Optillion, a leader in fiber optic
transceiver technology, announced today that it has concluded its Series
C financing round, raising an additional $15 million. Led by Crescendo
Ventures, Cisco Systems, ITACT, and Investor AB via Investor Growth
Capital, its venture capital company, the latest round brings the total
venture financing raised by Optillion to $70 million during the past two
years. All four investors participated in Series B, and ITACT, a Swedish
venture capital firm, provided Optillion's seed funding.
"We continue to invest in Optillion because of the company's strong
technical and commercial positioning in the market," remarked Roeland
Boonstoppel, General Partner at Crescendo Ventures. "Optillion's
management has demonstrated the ability to execute to their business
plan, and...
Mitsubishi Electric and Optillion First to Exceed 10 Gigabit Ethernet Standards and Interoperability Test
7/3/2002 4:09 AM EST
Mitsubishi Electric and Optillion First to Exceed
10 Gigabit Ethernet Standards and Interoperability Test
Stockholm, Sweden-July 4, 2002-With their ...
Optillion First to Announce Both 10 km and 40 km 10 Gbit/s Ethernet Long Distance XENPAK Transceivers
2/28/2002 8:00 AM EST
[REMOVED GRAPHICS]Visit Optillion at OFC Booth 5008
Optillion First to Announce Both 10 km and 40 km
10 Gbit/s Ethernet Long Distance XENPAK Transceivers
Optillion introduces XENPAK transceiver for the 10 Gbit/s Ethernet market
11/27/2001 7:30 AM EST
Optillion introduces XENPAK transceiver for the 10 Gbit/s Ethernet
market
In addition Optillion offers the industry's first evaluation system for
XENPAK...
Optillion appoints a new CFO
8/29/2001 5:10 AM EST
The high-technology company Optillion, which operates in the optic
component and subsystem market, is strengthening its senior management
team through the appointment of...
Optillion opens North America Office
8/13/2001 10:00 AM EST
The Swedish high technology company Optillion, which operates in the
optic component and subsystem market, has hired Geoffrey Brown as Vice
President of Business...
Optillion joins forces with world leaders to develop a uniform product standard for 10 Gbit/s Ethernet
5/8/2001 3:01 AM EST
Optillion joins forces with world leaders to develop a uniform product
standard for 10 Gbit/s Ethernet
Together with Agere Systems, Agilent Technologies,...
Optillion opens a development office in Gothenburg
2/6/2001 4:28 AM EST
Optillion is now establishing an office in Gothenburg, Sweden. Optillion
has gathered world-leading expertise for the development and production of
fiberoptical...
Optillion Receives Second-Round Investment of $ 53 Million -Crescendo Ventures, Cisco Systems and Investor AB come in a
12/12/2000 2:23 AM EST
Optillion Receives Second-Round Investment of $ 53 Million
-Crescendo Ventures, Cisco Systems and Investor AB come in as new
shareholders
...
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