Light Reading - Chips, Components & Subsystems - RIO Secures $8.4M Series C - Telecom News Wire

"Redfern Integrated Optics, Inc. (RIO), a developer and manufacturer of low-cost, high-performance optical transmitters for telecommunications, data transmission and other markets, today announced that it has secured an additional $2.2 million from GE Capital Equity Investments and Jolimont Ventures ? bringing the total amount raised to $8.4 million. This additional financial support finalizes RIO?s third round of funding, which completed its first close at $6.2 million in July, and was led by Advent International, Tallwood Venture Capital, TMT Ventures and Redfern Photonics. In connection with the new financing, Stephen Ezekiel of GE Commercial Finance joined RIO?s board of directors. "