BTI Closes $12M Round
OTTAWA, Ontario, Sept. 11, 2007 -- BTI Photonic Systems, a supplier of microWDM (wavelength division multiplexing) optical network technology for gigabit services, announced it has received a $12 million investment led by an undisclosed, new US-based private equity investor. The series D round also included existing investors Vengrowth Private Equity Partners, BDC Venture Capital, GrowthWorks Capital, Kodiak Venture Partners, Primaxis Technology Ventures and Lucent Venture Partners.
BTI said the funding round was driven to...