Tuesday, May 13, 2008

CoreOptics Raises $25 Million for 10/40/100 Gbps Optical Modules

CoreOptics, which develops and manufactures 10/40/100 Gbps optical networking subsystems, raised $25 million in new financing from existing its investors, bringing the company's total funding to date to more than $90 million.

CoreOptics currently offers 10 Gbps DWDM, 40 Gbps Single Channel Short Reach and 40/43G DWDM transponder modules. The company's product portfolio also includes 43 Gb/s Ultra-FEC, 40G Mux/DeMux for 4x10G client signals and Interface Converter supporting SFI-5s, SFI-4, XFI to enable building of next generation Open Tolerant Networks. Key benefits of this product platform include reduction in first-in CAPEX, by eliminating the need for the conventional Dispersion Compensation Modules (DCMs) and Dual-Stage amplifiers. The OPEX savings include simplification of network planning, installation and provisioning by enabling a complete set of plug-and-play features.

CoreOptics' specializes in highly advanced equalization solutions based on Maximum Likelihood Sequence Estimator (MLSE) electronic signal processing algorithm at 10 Gbps. The company's next-generation MLSE-2 technology will enable systems vendors and their carrier customers to benefit from much higher Chromatics Dispersion (CD) and Polarization Mode Dispersion (PMD) mitigation capabilities, and to set the physical layer of the optical networks for cost effective deployment of 40 and 100 Gbps services.

Investors include T-Com Venture Fund, GIMV, Crescendo Ventures, TVM Capital, High Tech Private Equity, Atila Ventures, Quest for Growth and others. The team includes over 115 highly skilled engineers with extensive experience in RF and digital ASIC design as well as optical systems, applications and network architecture.http://www.CoreOptics.com

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