Tech Company Financing Transactions

ClariPhy Communications Funding Round

Allegis Capital, Norwest Venture Partners and Oclaro participated in a $24 million Series C capital raise for ClariPhy Communications. The round was announced by the company on 5/26/2010.

Transaction Overview

Announced On
5/26/2010
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Series C
Investors

Allegis Capital (Jonathan Funk)

Norwest Venture Partners (Robert Abbott)

Oclaro

ONSET Ventures (Susan Mason)

Pacific General Ventures (Nersi Nazari)

Proceeds Purpose
ClariPhy will use the funding to deliver a new class of single chip MXSP ICs that significantly increase an optical network's reach and tolerance to impairments (such as chromatic dispersion, polarization mode dispersion and fiber nonlinearity), while reducing cost of ownership for both OEMs and Service Providers.

Company Information

Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
7585 Irvine Center Dr. 100
Irvine, CA 92618
USA
Email Address
Overview
A leading developer of highly integrated single chip CMOS ICs for high performance networking applications, ClariPhy offers the industry s first seamless path from today s 10G networks to next generation 400G Coherent - based solutions.
Profile
ClariPhy Communications LinkedIn Company Profile
Social Media
ClariPhy Communications Company Twitter Account
Company News
ClariPhy Communications News
Facebook
ClariPhy Communications on Facebook
YouTube
ClariPhy Communications on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Nariman Yousefi
  Nariman Yousefi LinkedIn Profile  Nariman Yousefi Twitter Account  Nariman Yousefi News  Nariman Yousefi on Facebook
Chief Technical Officer
Norman Swenson
  Norman Swenson LinkedIn Profile  Norman Swenson Twitter Account  Norman Swenson News  Norman Swenson on Facebook
VP - Operations
Timothy Heenan
  Timothy Heenan LinkedIn Profile  Timothy Heenan Twitter Account  Timothy Heenan News  Timothy Heenan on Facebook
VP - Sales
Reza Norouzian
  Reza Norouzian LinkedIn Profile  Reza Norouzian Twitter Account  Reza Norouzian News  Reza Norouzian on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/26/2010: Phreesia venture capital transaction
Next: 5/26/2010: Clearwave venture capital transaction

 

Share this article

 


About Our VC Transactions Data

We do our best to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary