Press Releases :: 2005
Santur Corporation Announces Second Closing of C Round for $16.6M to Fund Growth of Business
FREMONT, CA – June 2, 2005 – Santur Corporation, a leading manufacturer of highly reliable, cost-effective source laser components for the telecommunications industry, today announced the closing of $16.6 million Series C funding, led by existing investors, including Menlo Ventures, Sequoia Capital, Thomas Weisel Venture Partners, VantagePoint Venture Partners and Lighthouse Capital.
“Santur’s excellent customer traction and revenue with Tier 1 Global OEMS, the strongest and most reliable tunable laser technology, and proven management team gives us great confidence in this business and team.” said Pierre Lamond, Partner at Sequoia Captial.
“We are very pleased with this vote of confidence
in Santur, the market, and our ability to execute to
the requirements of our growing customer base.” said
Dr. Richard Craig, CEO of Santur Corporation. “With
this funding Santur is fully prepared to meet our customers
rapidly ramping production schedules.”
About Santur Corporation
Headquartered in Fremont, California, Santur Corporation
is the leading manufacturer of high-performance tunable
lasers for metro and long-haul WDM systems. The company’s
patented DFB-array technology enables the fabrication
of broadly tunable sources at the same performance
and costs as fixed wavelength sources. Santur’s
products have set a new standard in the industry with
their unique combination of high-power achieved without
the use of a semiconductor optical amplifier (SOA),
wide tunability with no possibility of mode hops, stability
in harsh environments, Telcordia GR-468 reliability
and high value. For more information, visit www.santurcorp.com,
call 1-(866)-TUNABLE, or e-mail marketing@santurcorp.com.
Contact:
Byron Trop
Vice President of Sales & Marketing
Santur Corporation
Mobile : +1 214 727 9008
E-mail: btrop@santurcorp.com