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Inplane Photonics Launches with $20M
March 4, 2002
By Bob Woods
Inplane Photonics, which describes itself as a developer and manufacturer of small, low-cost integrated optical components and platforms, is launching with a Series A round in excess of $20 million in funding led by Jerusalem Venture Partners (JVP) and Morgenthaler.
Inplane said it is developing advanced, integrated optical components for network sub-system and systems manufacturers that will "dramatically reduce systems' costs, size, and complexity while increasing reliability in optical networks."
Inplane's technology will enable the large-scale deployment of 10 and 40 Gbps systems, thereby facilitating the development of new architectures and operational innovations in the optical sector, officials said. Based on Planar Lightwave Circuits (PLC), Inplane's highly integrated "system-on-a-chip" devices are produced utilizing standard silicon processes. The ability to develop and manufacture products in its own state-of-the-art, 2,500 square foot clean room enables Inplane to market novel components based on customer-specific requirements and meet changing market demands.
"We recognize that more powerful and affordable communications systems rest on our ability to mass produce significantly superior optical components that are tailor-made to our customers' needs," said Dr. Joseph Shmulovich, founder and CEO of Inplane Photonics. "Our mission is to become the key developer and provider of these components, which will make next generation networks a reliable, cost-effective reality."
The company was founded by optical scientists Drs. Shmulovich and Allan Bruce.
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