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DigiLens Lands an Additional $14.5 Million in Capital Funding

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SUNNYVALE, Calif., June 27 -- DigiLens Inc., a developer of active optical components for the telecommunications industry, announced the closing of a credit facility of $14.5 million from European Venture Partners, GATX Ventures, Transamerica Finance, Silicon Valley Bank and Finova Capital. DigiLens has allocated the funds for acquiring new capital equipment.     This financing brings the total capital raised to date by DigiLens to more than $81 million. Previous investors include Crescendo Ventures, Science Applications International Corporation (SAIC), CitiGroup Investments, Alta Partners,...Read full article

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    Published: June 2001
    CommunicationsindustrialNews & Features

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