Redfern Integrated Optics secures $7.5 million in additional funding

April 15, 2008
April 15, 2008, Santa Clara, CA--Redfern Integrated Optics (RIO), developer and manufacturer of high-performance, low-cost transmitters for the fiber-optic sensing and communication markets, secured an additional $7.5 million in funding. Led by Southern Cross Venture Partners, the round also included Tallwood Venture Capital and Jolimont Capital as investors.

April 15, 2008, Santa Clara, CA--Redfern Integrated Optics (RIO), developer and manufacturer of high-performance, low-cost transmitters for the fiber-optic sensing and communication markets, secured an additional $7.5 million in funding. Led by Southern Cross Venture Partners, the round also included Tallwood Venture Capital and Jolimont Capital as investors.

In connection with the new equity financing, Larry Marshall, managing director at Southern CrossVenture Partners, joined RIO's board of directors. "We are very pleased to be working with the RIO team and with the other investors in RIO. Current market dynamics make the company an exciting opportunity," he remarked.

RIO's narrow linewidth and low-noise laser product series released in January 2008 combines performance comparable to fiber lasers with simplicity, small size, low-power dissipation, stability, insensitivity to vibration, and high reliability, making RIO's laser a "set-and-forget" solution for a majority of fiber-optic sensing systems that support market segments which are poised to enter a stage of high growth, driven primarily by the energy industry and security applications, according to RIO.

This week at the 19th Optical Fiber Sensing Conference in Perth, Australia (April 14-18, 2008), RIO will be showcasing its products and also presenting a paper entitled "Low Noise Planar External Cavity Laser for Interferometric Fiber Optic Sensors."

For more information, visit www.rio-inc.com.

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