USA – Source Photonics, a West Hills, Calif.-based global provider of optical transceivers, raised more than $40M in equity funding.
The backers were not disclosed. The company intends to use the funds to further expand its 5G product line and upgrade its own laser chip production facilities while continuing to strengthen the research and development of its low-cost solutions and next-generation technologies. Led by Weiming Li, CEO and President, Source Photonics is a provider of optical communications technology that enables communications and connectivity in datacenters, metro, and access networks. The company develops next-generation solutions for cloud infrastructure, wireless communications, routing, and fiber-to-the-premises applications worldwide. Source Photonics has R&D and manufacturing facilities in California, Taiwan, Chengdu, and Jintan, China. 14/04/2020
