Aegis Semiconductor Secures $8 Million in Series D Financing.WOBURN, Mass. -- Aegis Semiconductor, a leader in cost-effective optical channel monitors for fiber-optic communication networks, today announced the closing of $8 million in Series D financing, bringing the company's total investment to more than $30 million. The round of financing was completed with participation from existing investors including Vesbridge Partners, Alta Partners, Technology Venture Partners and Megunticook Management. The capital investment will be used to expand capacity in response to growing customer demand for DWDM (Dense WDM) The term given to wavelength division multiplexing (WDM) when significantly more channels were being added. Since WDM is increasingly more "dense" all the time, both terms are used synonymously. See WDM. DWDM - wavelength division multiplexing channel monitors and to augment the product platform. "Aegis has experienced solid revenue growth and has established a clear leadership position in the monitoring market," said Raj Alur, managing director at Vesbridge Partners. "This management team has demonstrated its strong ability to execute and we look forward to the next phase of the company's growth." The demand for Aegis' low-cost channel monitor technology has accelerated dramatically, fueled by carriers' deployments of Re-configurable Optical Add-Drop Multiplexer Not to be confused with add-drop multiplexer. An optical add-drop multiplexer (OADM) is a device used in wavelength-division multiplexing systems for multiplexing and routing different channels of light into or out of a single mode fiber (SMF). (ROADM ROADM Reconfigurable Optical Add/Drop Multiplexer ROADM Reconfigurable Add Drop Multiplexing ) systems, multi-haul (or multi-reach) DWDM systems and transparent optical network architectures that support third party (or "alien") wavelengths. "ROADMs are taking center stage in the latest carrier RFPs, and yet providers are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. lower-priced ROADM-enabled equipment," said Michael Howard
v. e·qual·ized, e·qual·iz·ing, e·qual·iz·es v.tr. 1. To make equal: equalized the responsibilities of the staff members. 2. To make uniform. the DWDM spectrum. Low cost DWDM channel monitors are essential to make ROADM solutions economically viable." "This funding milestone shows that our investors share our enthusiasm as we execute to our business plan," said Don Bossi, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Aegis Semiconductor, "and as our cost-effective tunable thin-film filters increasingly enable intelligence and flexibility in optical networks." About Aegis Semiconductor Aegis Semiconductor is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. that builds cost-effective solutions for intelligent optical networks. Based on its Active Thin Films(TM) technology, Aegis is the first company to deliver low-cost wavelength-monitoring components and modules that are easily manufactured using proven methods from the semiconductor industry. Aegis has raised more than $30 Million in funding from leading investors and venture capitalists including Vesbridge Partners, Alta Partners, Technology Venture Partners and Megunticook Management. The company is located in Woburn, Massachusetts, USA. More information can be viewed at www.aegis-semi.com. |
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