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BroadLight Secures Additional Funding for its FTTP

BroadLight, a start-up offering components for FTTP solutions, has received additional series C financing from Azure Capital Partners and several existing investors, bringing the total round to U.S. $17.9 million. BroadLight had previously closed this round on March 15th with an investment by Siemens Venture Capital and prior investments by Israel Seed Partners, Delta Ventures and two strategic investors.

BroadLight has secured a market share lead in the North American BPON market. The company recently named Andrew Vought as CEO; Tony Maher as Chairman and opened new U.S. headquarters in Mountain View, California. http://www.broadlight.comIn June 2004, BroadLight introduced a broadband passive optical network (BPON) controller for central office (CO) equipment. The new device, which complements BroadLight’s existing XN230 BPON controller for optical network terminal (ONT) devices at the customer end point, is based on BroadLight’s existing FPGA but adds features and functionality, including:

The BPON controller is currently sampling and will be priced at under $50 in volume quantities for the 622 Mbps downstream and 155 Mbps upstream configuration, and slightly more for the extended BPON 1.25 Gbps downstream and 622 Mbps upstream configuration.

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