Ranovus, a Canada-based technology company which makes optoelectronic interconnection products for data networks, has closed an $11m round of financing from firms including venture capital firm Azure Capital Partners, Deutsche Telekom’s venture capital unit T-Venture, venture capital investor BDC Venture Capital, OMERS Ventures, the venture capital investment arm of Canada-based pension fund OMERS, and Ontario-focused seed stage investor MaRS Investment Accelerator Fund.
Hamid Arabzadeh, Ranovus’ chairman, president and chief executive officer, said: “We started Ranovus with a world-class team of…