AOptix Technologies, a start-up based in Campbell, California, secured $42 million in a Series E round of funding for its advanced iris recognition systems and ultra-high bandwidth wireless optical communication solutions.
The new funding brings the total investment in the company to date to $123 million. All of the company’ss existing investors Clearstone Venture Partners, DAG Ventures, Kleiner Perkins Caufield & Byers, Northgate Capital and W Capital Partners participated in the round and were joined by a new investor, True Ventures.