Saturday, November 25, 2006


"BinOptics Corp., a laser manufacturer located in the Cornell Business and Technology Park, has secured $6 million in new financing that it will use to speed up development of its blue-laser technology.
The funding, the company’s third round of financing, came from several venture-capital firms including Draper Fisher Jurvetson, Cayuga Venture Fund, FA Technology Ventures, and ArrowPath Venture Partners, all of which were previous investors. A new addition was STIC International, the Palo Alto, Calif.–based, U.S. arm of STIC Investments, a venture capital and financial-equity group based in South Korea. "

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