NanoOpto nets $3.3M in venture capital

Aug. 10, 2004 — NanoOpto Corp. (Profile, News, Web) has secured $3.3 million in venture funding that will take it into production, according to a company release.

The final phase of the Series B round is from existing investors Morgenthaler Ventures; U.S. Trust’s Excelsior Venture Partners III LLC; Draper Fisher Jurvetson’s Gotham Ventures and New England Ventures; Bessemer Venture Partners; and Harris & Harris Group.

The financing brings NanoOpto’s total financing to $30.3 million. The Somerset, N.J., firm, which uses nanoimprinting technology to make subcomponents, has products preparing for manufacturing volumes in the millions of units for digital imaging and optical disc drives.


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