BinOptics funding to expand laser product line and blue laser development

Nov. 28, 2006
November 28, 2006, Ithaca, NY--BinOptics Corporation, manufacturer of integrated microphotonic chips produced using a novel etched-facet technology, has closed its Series C round of funding totaling $6 million. BinOptics will use the new funding to support the scaling of its line of telecom and datacom lasers designed for high-speed applications (up to 10 Gbps). It will also be used to accelerate product development of etched-facet blue lasers for optical storage applications.

November 28, 2006, Ithaca, NY--BinOptics Corporation, manufacturer of integrated microphotonic chips produced using a novel etched-facet technology, has closed its Series C round of funding totaling $6 million. BinOptics will use the new funding to support the scaling of its line of telecom and datacom lasers designed for high-speed applications (up to 10 Gbps). It will also be used to accelerate product development of etched-facet blue lasers for optical storage applications.

The funding was led by new investor, STIC International, the Palo Alto-based U.S. arm of STIC Investments, one of South Korea's leading venture capital and financial equity groups. Previous BinOptics investors, Draper Fisher Jurvetson, Cayuga Venture Fund, FA Technology Ventures, and ArrowPath Venture Partners, all participated in this round.

"BinOptics has clearly demonstrated the value of its etched-facet technology to meet challenging performance and cost targets for InP-based communications devices, and has recently shown similar capability for GaN-based blue lasers," said Steven Lee, Partner at STIC International.

BinOptics products are manufactured using its proprietary etched-facet technology, which significantly reduces the cost of production, testing, and handling compared to conventional laser processing. The technology also enables monolithic integration of multiple functions on a single chip because of its flexibility and high yield. The company's products include edge-emitting lasers with optional integrated monitoring detectors as well as the industry's first horizontal-cavity surface-emitting laser (HCSEL), a high-power, high-reliability surface-emitting laser operating at the1310 nm and 1550 nm communication wavelengths.

For more information, visit www.binoptics.com.

Sponsored Recommendations

Optical Power Meters for Diverse Applications

April 30, 2024
Bench-top single channel to multichannel power meters, Santec has the power measurement platforms to meet your requirements.

Request a quote: Micro 3D Printed Part or microArch micro-precision 3D printers

April 11, 2024
See the results for yourself! We'll print a benchmark part so that you can assess our quality. Just send us your file and we'll get to work.

Request a Micro 3D Printed Benchmark Part: Send us your file.

April 11, 2024
See the results for yourself! We'll print a benchmark part so that you can assess our quality. Just send us your file and we'll get to work.

Request a free Micro 3D Printed sample part

April 11, 2024
The best way to understand the part quality we can achieve is by seeing it first-hand. Request a free 3D printed high-precision sample part.

Voice your opinion!

To join the conversation, and become an exclusive member of Laser Focus World, create an account today!