News

Deal Announcements

Alloptic Closes $24 Million Expansion Round

Tuesday, December 04, 2007 5:25:00 AM PDT | VentureDeal Staff

LIVERMORE, CA -- Networking company Alloptic Inc. has raised $24 million in another round of venture financing from its existing investors.

Alloptic provides telecom carriers with passive optical networking (PON) access equipment for deployment to both residential and commercial locations.

Investors in the round were Arcapita Ventures and Ritchie Capital.  The company said it would use the proceeds primarily to fund its continued global expansion.

Email Page  Email Page | Print Page Print Page

Loading

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.