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ACQUIRED COMPANY
 
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Iolon  Acquired by Coherent (2005 $ 5,000,000 )

1870 Lundy Avenue
San Jose, CA 95131
USA
(408)-952-5000
Website Company Summary Management Team
Management

Finance: Ronald Lacey
Technology: Joe Drake (2003); John Jerman
Sales/Marketing: John Aengus
Board

Outside board: (May no longer be on the board) Herb Dwight (Optical Coating);  Tom Perkins (Kleiner Perkins);  Mike Unger (Nortel Networks);  Bill Watkins (Seagate Technology COO)
Company

Business description: iolon delivers high performance, tunable optical devices for intelligent optical networks. The company has introduced the award-winning Apollo™ line of high-powered, widely tunable lasers available in 10mW and 20mW output power in both the C- and L-Bands. iolon's Apollo lasers provide industry-leading performance, reliability and flexibility, powering intelligent optical networks. Based on patented MEMS (micro electro mechanical systems), micro-optics and advanced servo control technologies, iolon's platform technology is extensible to future tunable product lines, including tunable filters, optical switches, polarization controllers and universal transponders.
Customers include: StrataLight Communications;  Innovance Networks
Partners include: Lucent Technologies;  Palomar Technologies
Capital

Rounds: 4
Recent Fundings: Aug 2004   Apr 2002
Capital raised: 85.0M
Last Round: 7.6M
Ownership: Acquired by Coherent (2005 $ 5,000,000 )
Corporate investors: NTT Leasing;  Corning Innovation Ventures

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Overview
Record updated: Jan 2006
Sector: Communications
Year Founded: 2001
Headcount: 51-75 as of May 2003
Rounds: 4
Recent Fundings: Aug 2004   Apr 2002
Capital Raised: 85.0M
Last Round: 7.6M
Ownership: Acquired by Coherent (2005 $ 5,000,000 )