Xconomy Boston

Polatis, Inc. Lands $5,000,000 New Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3b323518-d730-47c9-8b61-b27b00cf8cd9&Preview=1
Date
12/31/2007
Company Name
Polatis, Inc.
Mailing Address
5 Fortune Drive Billerica, MA 01821
Company Description
Polatis has set the benchmark in ultra-low loss optical switching. Its patented direct optical beam steering technology is powering the creation of highly reliable and compact photonic switching solutions.
Website
http://www.polatis.com
Transaction Type
Venture Equity
Transaction Amount
$5,000,000
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed.
M&A Terms
Venture Investor
Flagship Ventures
Venture Investor
JK&B Capital
Venture Investor
Prism VentureWorks
Venture Investor
Undisclosed