Lightspeed China Partners and Google Capital Lead a US$38 Million Series C Financing Round for InnoLight Technology (Asia)
Source: InnoLight Technology
Venture capital firm Lightspeed China Partners and Google Capital, a growth equity fund backed by Google, have led a US$38 million Series C financing round for China-based InnoLight Technology, a supplier of high-speed optical transceivers. The company intends to use the capital to expand its productive capacity. InnoLight Technology designs, builds and markets optical transceivers that enable bandwidth expansion of Web 2.0 companies.