Raydiance Raises $20 Million

Raydiance Inc., a Petaluma, Calif.-based developer of ultrafast laser technology and applications, has raised $20 million in Series D funding. Greenstreet Partners led the round, and was joined by return backer Draper Fisher Jurvetson. The company is run by former AOL CEO Barry Schuler, who also is a managing director of DFJ Growth Fund.

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