# BinOptics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/binoptics

- Industry: Semiconductors
- Headquarters: Ithaca, US
- Website: www.binoptics.com
- Total disclosed funding: $19M
- Latest round: Series C (Nov 20, 2007)
- Investors on record: 5

## About

BinOptics Corp. specializes in advanced optical solutions, focusing on innovative imaging technologies that enhance visual experiences across various sectors such as telecommunications, medical imaging, and consumer electronics.Founded in 2000, BinOptics Corp. is based in Ithaca, US, and provides advanced optical solutions. As of November 2014, the company was acquired by M/A-COM Technology Solutions Inc. for USD 230 mn, marking a significant transition in its business strategy and operations. The company has successfully completed 14 deals since its inception.BinOptics Corp. offers a suite of advanced optical solutions primarily focused on providing innovative imaging technologies. Their core product line is designed to enhance visual experiences in various applications, including telecommunications, medical imaging, and consumer electronics. These products aim to improve image clarity, increase the efficiency of optical systems, and enable high-resolution image transfer. The company serves a diverse clientele, ranging from large-scale manufacturers to specialized research institutions, targeting markets in North America, Europe, and Asia where demand for high-quality optical systems is rising.BinOptics Corp.'s revenue model revolves around a combination of direct sales and strategic partnerships, facilitating broad product distribution. Transactions generally occur through business-to-business agreements with manufacturers and research institutions purchasing optical components for their products or solutions. The company offers tiered pricing based on product specifications and customer requirements, including options for bulk purchases and custom configurations. Their revenue structure encourages long-term relationships with clients, fostering ongoing partnerships to facilitate future sales and collaborative developments.With the recent acquisition in November 2014, BinOptics Corp. is positioned to leverage M/A-COM Technology Solutions Inc.'s resources for product innovation and market expansion. The company plans to enhance its product offerings by developing new imaging technologies targeted for launch in the next few years. Furthermore, expansion into new geographic markets, specifically in Asia and Europe, is a key focus, with aims to establish a stronger presence in these growing regions by 2025. The utilization of the USD 230 mn from the acquisition will support these initiatives, driving research and development efforts and enhancing marketing strategies.

## Funding rounds

- Series C, Nov 20, 2007, $3M — ArrowPath Venture Capital, Draper Fisher Jurvetson, FA Technology Ventures, Cayuga Venture Fund
- Series C, Oct 12, 2006, $6M — ArrowPath Venture Capital, Draper Fisher Jurvetson, STIC Investments, FA Technology Ventures, Cayuga Venture Fund
- Series B, Feb 10, 2005, $10M — ArrowPath Venture Capital, Draper Fisher Jurvetson, FA Technology Ventures, Cayuga Venture Fund

## Investors

- ArrowPath Venture Capital (https://capitalatlas.ai/funds/arrowpath-venture-capital) — Series B, Series C
- Draper Fisher Jurvetson (https://capitalatlas.ai/funds/draper-fisher-jurvetson) — Series B, Series C
- FA Technology Ventures (https://capitalatlas.ai/funds/fa-technology-ventures) — Series B, Series C
- Cayuga Venture Fund (https://capitalatlas.ai/funds/cayuga-venture-fund) — Series B, Series C
- STIC Investments (https://capitalatlas.ai/funds/stic-investments) — Series C