Xponent Photonics Beams In $23M

Monrovia-based Xponent Photonics, which manufactures surface mount photonic components, has raised $23M in what the firm says is a Series 3 funding. The round was led by American River Ventures, and also included existing investors Arcturus Capital, Eastward Capital, El Dorado Ventures, HOYA Holdings, Samsung, US Venture Partners, and Walden International. More information »