CyOptics breaches $150m in total funding as it closes on latest $50m target.
US-based optical chip maker CyOptics has raised its targeted $50m offering, according to a regulatory filing.
In October 2005, CyOptics raised $27m in its series F round, including $7.5m of debt from Comerica Bank, from a consortium of venture capital firms Birchmere Ventures, JVP, Sprout Group, TowerBrook Capital Partners, and Eurofund.
A year earlier, CyOptics’ series D round raised $10m from a consortium that included France Telecom’s corporate venturing unit, Innovacom.
In October 2000, CyOptics raised $57m…
