Zia Laser secures $5.5 million

Dec. 11, 2002 — Zia Laser Inc., an Albuquerque, N.M., developer of quantum dot lasers, has received $5.5 million in an ongoing second round of financing, according to a report in the Albuquerque Journal. Investors in the round include RWI Group and Prism Venture Partners. Both are existing investors.

A spokesman for the company said the round will be officially announced when it closes in 90 days. Zia Laser previously received $6 million in financing in 2001.

Zia’s lasers use semiconductor nanostructures known as quantum dots to generate laser beams, which are used to send data over optical communications systems.


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