Monday, August 22, 2005

Alloptic Secures $30 Million for GEPON

Alloptic, a start-up based in Livermore, California, secured an additional $30 million in venture funding for its Gigabit Ethernet Passive Optical Networks (GEPONs).

Alloptic's Gigabit Ethernet Passive Optical Network (GEPON) access network solutions have been in deployment for several years, The Alloptic solution leverages a standard ITU PON architecture, while delivering a gigabit of bandwidth. It also features a native ability to support traditional TDM voice over an Ethernet based platform.

Leading the rounds of financing were Ritchie Capital Management and GMG Capital Management.

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