RPO lands $19.3 for optical touch tech

RPO, maker of optical touch technology used to track finger movements for computing applications, has raised $19.3 million in a third round of funding. Based in San Jose, Calif., the company is backed by Jolimont Capital, Allen & Buckeridge and Neo Technology Ventures.

Redfern, an optical transmitter co., raises $7M more

Redfern Integrated Optics, a developer and manufacturer of high-performance optical transmitters for communications, said it has raised an additional $7 million from TMT Ventures, Tallwood Venture Capital and Jolimont Capital.

This is another one of the multiple companies founded during the telecom bubble year of 2000. It has raised about $32 million, and somehow has survived the downturn.

The company cites a recent report from CIR, a market research and consulting firm, which says the market… Continue Reading