Crystal IS Raises $10.6 Million in Second Round Financing

Crystal IS Inc. has raised $10.6 million in its second financing round. The investor syndicate was led by Lux Capital, with participation by Arch Venture Partners, 3i, Credit Suisse, Taiwanese Linkmore Ltd. and Harris & Harris Group. Founded in 1997, Crystal IS is commercializing single-crystal aluminum nitride (AlN) substrates for the cost-effective production of high power, high temperature and optoelectronic devices such as blue and ultraviolet lasers. In September 2004, Crystal IS raised $5.1 million in its first round of funding to commercialize AIN growth. Earlier this year, the company released its low-defect 2-inch native AlN substrates. Crystal IS was founded in the Rensselaer Polytechnic Institute (RPI) incubator program and recently relocated from the RPI incubator center to the Green Island, NY, technology park.

There are 24 suppliers of MEMS in the Photonics Marketplace.

AdTech Ceramics - Ceramic Packages 1-24 MR

Published: August 2006

Glossary

nanotechnology: The use of atoms, molecules and molecular-scale structures to enhance existing technology and develop new materials and devices. The goal of this technology is to manipulate atomic and molecular particles to create devices that are thousands of times smaller and faster than those of the current microtechnologies.
optoelectronic: Pertaining to a device that responds to optical power, emits or modifies optical radiation, or utilizes optical radiation for its internal operation. Any device that functions as an electrical-to-optical or optical-to-electrical transducer. Electro-optic often is used erroneously as a synonym.
substrate: A substrate refers to a material or surface upon which another material or process is applied or deposited. In various fields, such as electronics, biology, chemistry, and manufacturing, the term "substrate" is used with specific contexts, but the fundamental definition remains consistent: it is the underlying material or surface that provides a foundation for subsequent processes or applications. Here are some examples of how a substrate is used in different fields: Electronics: In...
ultraviolet: That invisible region of the spectrum just beyond the violet end of the visible region. Wavelengths range from 1 to 400 nm.