09/17/2007
GPON semiconductors supplier BroadLight closed $12 million financing round
GPON semiconductors and software supplier BroadLight has closed a $12 million series E financing round led by Benchmark Capital. Benchmark joins BroadLight’s list of investors which includes Azure Capital Partners, Broadcom, Cipio Partners, Delta Ventures, Israel Seed Partners, Motorola Ventures, Star Ventures and Tellabs.
“We believe BroadLight has enormous opportunity in the growing GPON fiber market,” said Arad Naveh, general partner at Benchmark Capital Israel. “The company has clearly demonstrated its ability to execute with the development of the widely accepted first generation GPON ONT SoC and 4 port OLT ASIC product lines. We anticipate the same time-to-market delivery and world-class silicon integration with its upcoming Residential Gateway product line.”
Founded in June 2000, BroadLight is delivering end-to-end (E2E) complete E2E BPON and GPON component solutions for the central office (CO) and customer premise equipment (CPE). These solutions help equipment companies bring standards-based PON products quickly to market and with low risk. The company headquarters is located in Mountain View California USA, its R&D facility is in Ramat Gan, Israel and sales and support offices in Mountain View, Ramat Gan, Taipei Taiwan and Shanghai China.
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17:40 Posted in Semiconductor | Permalink | Comments (0) | Email this | Tags: arad naveh, broadlight, benchmark capital israel
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