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Kotura Raises $11M

Monterey Park-based Kotura reports that it has raised an $11M venture round from ComVentures and ARCH Venture Partners. Kotura is developing semiconductors for the optical communications industry, and was formed from the merger of Arroyo Optics and Lightcross in 2003. Both ComVentures and ARCH Ventures are existing investors in the company. More information »