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BinOptics Secures More VC Financing

Friday, April 29, 2011 5:30:00 AM PDT | VentureDeal Staff

   Ithaca, New York  --  Electronic components manufacturer BinOptics has garnered $4.8 million in new venture capital debt, according to an SEC regulatory filing.

BinOptics manufactures monolithically integrated components on indium phosphide and other advanced materials.

Investors in the financing were not disclosed, nor was how the company intends to use the proceeds.

The filing said BinOptics was still seeking an additional $198,000 in financing.

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