Infinera, a start-up based in Sunnyvale, California, raised $52 million in new funding for its Photonic Integrated Circuit technology. The company has raised $205 million to date. Strategic investors in this round include UTStarcom and CTC (Itochu Techno-Science Corporation), both of which are collaborating with Infinera to provide optical networking solutions in Asia.
Infinera is developing photonic chips that combine dozens of active and passive devices for managing light.
Infinera’s investor group includes many of the world’s leading venture capital firms as well as a strong group of strategic corporate investors. Venture backers include Accel Partners, Benchmark Capital, JAFCO Ventures, Kleiner Perkins Caufield & Byers, Mobius Venture Capital, Sprout Group, Sutter Hill Ventures, Venrock Associates, and Worldview Technology Partners. http://www.infinera.comInfinera is headed by Jagdeep Singh, who previously founded Lighter Networks, a developer of optical switching equipment that was acquired by CIENA.
