# CoreOptics

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

- Industry: Electronics
- Headquarters: Nuremberg, Germany
- Website: www.coreoptics.com
- Total disclosed funding: $102M
- Latest round: Series E (May 14, 2008)
- Investors on record: 8

## About

CoreOptics specializes in developing advanced optical networking technologies, enhancing the performance and efficiency of data transmission for various industries.CoreOptics, founded in 2001 and headquartered in Nuremberg, Germany, focuses on optical networking solutions. In July 2010, CoreOptics was acquired by Cisco Systems for USD 99.00 mn. The company has successfully completed 7 deals throughout its history.CoreOptics offers a range of optical networking solutions, including high-performance optical transceivers, which are crucial for data transmission in telecommunications and data centers. Their products cater to diverse sectors such as telecommunications, healthcare, and education, ensuring effective network management and collaboration.CoreOptics generates revenue primarily through B2B transactions, involving hardware sales and services. The company's revenue structure includes direct sales of its optical transceivers to service providers, enabling clients to optimize their network infrastructure efficiently.Following its acquisition by Cisco Systems in July 2010, CoreOptics plans to leverage the resources of Cisco for expanding its product offerings and market presence. The focus includes launching new optical networking products designed to meet increasing bandwidth demands, particularly in regions such as Asia-Pacific and Europe by 2025. Recent funding from the acquisition will support these growth initiatives.

## Funding rounds

- Series E, May 14, 2008, $25M — Crescendo Ventures, TVM Capital Life Science, Gimv, DTCP, Atila Ventures, High Tech Private Equity, Quest Management
- Series D, Jul 10, 2006, $28M — Crescendo Ventures, TVM Capital Life Science, Gimv, Atila Ventures, High Tech Private Equity, Quest Management
- Series C, Nov 20, 2003, $15M — Crescendo Ventures, TVM Capital Life Science, Atila Ventures, High Tech Private Equity
- Series B, Sep 1, 2002, $22M — Crescendo Ventures, TVM Capital Life Science, Atila Ventures, High Tech Private Equity
- Series A, Mar 1, 2001, $13M — Crescendo Ventures, TVM Capital Life Science, Fujitsu Quantum Devices Co., Ltd.

## Investors

- Crescendo Ventures (https://capitalatlas.ai/funds/crescendo-ventures) — Series A, Series B, Series C, Series D, Series E
- TVM Capital Life Science (https://capitalatlas.ai/funds/tvm-capital-life-science) — Series A, Series B, Series C, Series D, Series E
- Fujitsu Quantum Devices Co., Ltd. — Series A
- Atila Ventures (https://capitalatlas.ai/funds/atila-ventures) — Series B, Series C, Series D, Series E
- High Tech Private Equity (https://capitalatlas.ai/funds/high-tech-private-equity) — Series B, Series C, Series D, Series E
- Gimv (https://capitalatlas.ai/funds/gimv) — Series D, Series E
- Quest Management (https://capitalatlas.ai/funds/quest-management) — Series D, Series E
- DTCP — Series E