CyOptics Inks $50M From JVP, Others
Israeli venture firm JVP led a $50 million round for CyOptics, a company focused on optical chip technology. Existing shareholders Sprout Group, Birchmere Ventures and Eurofund also participated in the round. JVP founding partner Erel Margalit will join the CyOptics board as a result of the funding. CyOptics has operations in Lehigh Valley, Penn., South Plainfield, NJ, and Matamoros, Mexico.
26 January 2011•4 mins read
