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Article: Ion Optics Closes C Round Financing of $4.0 Million.
- Article from:
- Business Wire
- Article date:
- January 28, 2004
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Business Editors
WALTHAM, Mass.--(BUSINESS WIRE)--Jan. 28, 2004
Ion Optics, Inc. today announced the closing of a $4.0 million Series C financing. The round was led by Digital Power Capital (DPC), of Greenwich, CT. Also participating was previous investor, Ardesta, LLC of Ann Arbor, Michigan. With the Ardesta-backed $2.5 million B-round closed in 2003, Ion Optics made significant progress on its photonic crystal technology. This C-round of funding will support the development of the low-cost high-volume device packaging needed to move Ion Optics' SensorChip technology into high volume markets.
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