AOptix, a Campbell, CA-based provider of identity verification and wireless communications solutions, has closed a $42m Series E funding.
Backers include existing investors Clearstone Venture Partners, DAG Ventures, Kleiner Perkins Caufield & Byers, Northgate Capital and W Capital Partners and a new investor True Ventures.
The company intends to use the capital for product development, and sales and marketing efforts as it prepares to launch new products.
Led by Dean Senner, Chairman and CEO, AOptix provides identity solutions that deliver accurate identification and verification for a wide range of applications including automated boarding and immigration at airports and international borders. Its communications solutions deliver long-range, ultra-high bandwidth wireless communications to alleviate mobile backhaul congestion and other network chokepoints.
These services are based on the company’s patented optical technologies originally developed for scientific research and further developed with DARPA for advanced defense applications.
AOptix has sales offices in Washington D.C. as well as Europe, the Middle East and Southeast Asia.
FinSMEs
23/08/2012