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Alphion Completes $12.1 Million Third Round for Photonic Regeneration

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August 15th, 2005
 
 
Alphion Corporation has received an additional $1.5 million to complete its third funding round, valued at $12.1 million. The third round’s lead investor was Tallwood Venture Capital. Others involved in the round included Axiom Venture Partners, Goldman Sachs, ICCP Venture Partners, Narra Venture Capital, and industry executives. The funding, according to the company, will be used to add manufacturing capacity and expand sales and marketing.

So far to date, Alphion has obtained total financing of $44.1 million to initiate and expand its efforts in the development of integrated components for photonic applications such as metro, long haul and CATV networks. The company has since developed a line of integrated InP (Indium Phosphide) components and associated advanced packaging technologies The company introduced its QLight 3R Photonic Transponder at the OFC 2004 Exhibition and later in 2005, introduced its QLight Amp and Switch products at the OFC 2005 Exhibition. That product line, according to Alphion, has been designed for use in photonic routing networks, photonic routing networks, network restoration and equipment protection switching applications.
 
Alphion currently owns rights to over 35 issued and pending patents related to design, manufacturing and application of photonic integrated circuits.

 
Copyright 2004, 2005, Mark C. Stansberry, All Rights Reserved
 
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