nLIGHT adds $10.7 million in growth capital

nLight Corp. announced that it has received $10.7 million in the first closing of a new equity financing. The company will use the new growth capital to drive continued product development of integrated laser modules and increase sales in its core industrial,
defense, and medical markets. Continued investment came from existing venture investors Oak Investment Partners, Mohr Davidow Ventures and Menlo Ventures.

"Despite the world-wide downturn, we finished 2008 with record bookings. We see multiple opportunities for continued strong growth as our industry continues to consolidate and high-power semiconductor lasers continue to expand in new applications," said Scott Keeney, CEO of nLIGHT.

Click here for other nLight articles.

Get All the Industrial Laser Solutions News Delivered to Your Inbox

Subscribe to Industrial Laser Solutions Magazine or email newsletter today at no cost and receive the latest news and information.

 Subscribe Now
ILS Blogs
David Belforte
David Beleforte

Let's grow LME

Mon Apr 22 08:51:00 CDT 2013

Looked at manufacturing lately?

Wed Mar 20 09:57:00 CDT 2013

Industrial laser market meets forecast

Fri Mar 08 10:59:00 CST 2013

Photonics West features ultra-fast and fiber lasers

Mon Feb 18 13:31:00 CST 2013

Follow us at Join us on

Twitter - Industrial Laser Solutions

PRESS RELEASES

Replacement lenses from II-VI Infrared eliminate need for beam centering

II-VI Infrared, the world leader in CO2 laser optics, is now providing replacement Trumpf Cut Len...

II-VI Incorporated to Webcast FY 2012 Third Quarter Earnings

PITTSBURGH, April 17, 2012 /GLOBE NEWSWIRE/ - II-VI Incorporated (NASDAQ: IIVI) today announced t...

II-VI Inc Announces Acquisition of Aegis Lightwave Inc

II-VI Incorporated (NASDAQ: IIVI) announced today that it has acquired all of the outstanding sha...

See Article Archive

View Industrial Laser Solutions past articles.

  •  
  •  
  •  
Copyright © 2007-2016. PennWell Corporation, Tulsa, OK. All Rights Reserved.PRIVACY POLICY | TERMS AND CONDITIONS