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MOEC Raises $20 Million in Venture Capital Funding

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WATERVLIET, N.Y., Jan. 26 -- Optical components manufacturer, Molecular OptoElectronics Corp. (MOEC), announced the completion of $20 million in second-round financing. The round was led by Lehman Brothers Venture Partners and also included commitments from Epoch Partners as well as first-round investor Intel Capital. The new funding will be used to strengthen MOEC'sproduct manufacturing, research and development, sales and marketing and customer, partner and alliance efforts, the company said.Read full article

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    Published: January 2001
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