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Article Excerpt
Business Editors
STOCKHOLM, Sweden--(BUSINESS WIRE)--Oct. 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...
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