Acacia Communications Garners $20,000,000 New Funding

  • Feed Type
  • Date
    5/16/2013
  • Company Name
    Acacia Communications
  • Mailing Address
    Three Clock Tower Place Maynard, MA 01754
  • Company Description
    Acacia Communications Inc. was founded by prominent industry experts Mehrdad Givehchi, Benny Mikkelsen and Christian Rasmussen. Acacia provides advanced solutions to the optical transport and network infrastructure equipment market for coherent 100G, 200G, 400G and beyond transceivers.
  • Website
    http://www.acacia-inc.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Acacia will utilize the new round of funding to execute its long-term growth strategy and deliver innovative solutions as the company expands into multiple markets and develops and/or acquires core technologies.
  • M&A Terms
  • Venture Investor
    Summit Capital
  • Venture Investor
    Matrix Partners
  • Venture Investor
    Commonwealth Capital Ventures
  • Venture Investor
    Egan-Managed Capital