Applied Optoelectronics Raises $28M

Sugar Land, Texas-based Applied Optoelectronics has scored $28M in a Series E round of funding, the firm said today, bringing the company's total raised since 1997 to $68.9M. Investors in the firm were not disclosed. Applied Optoelectronics develops optical components used for the telecommunications industry, including high-performance transmitter lasers, photodetectors and subassemblies for fiber optic networks. More information »