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Industry: Email Alert RSS FeedfSONA receives $9.5 million in financing
Fiber Optics Weekly Update, March 21, 2003
fSONA Communications, designer and manufacturer of the award-winning SONAbeam optical wireless transmission equipment, announced an additional $9.5 million in financing. Despite the tough market conditions of 2002, fSONA received total investments of $19.5 million. A private group of current and new investors provided $9.5 million, which followed on the heels of significant investment - $10 million - from the Government of Canadas Technology Partnerships Canada Program.
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Prior to the 2002 funding, fSONA had received $32 million in venture capital.
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