$4 M Funding Round for Ion Optics
Jan 30, 2004 — WALTHAM, Mass., Jan. 30 -- Ion Optics Inc. announced this week the closing of a $4.0 million Series C financing round, led by Digital Power Capital (DPC), of Greenwich, Conn. Previous investor Ardesta LLC, of Ann Arbor, Mich., also participated. Ion Optics said that with the Ardesta-backed $2.5 million B-round closed in 2003, it made significant progress on its photonic crystal technology. It said the new funding will support the development of the low-cost high-volume device packaging needed...