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Agility adds $27 million to round

Agility Communications raised an additional $27 million for its third round of funding, bringing its total funding to more than $200 million. The optical component maker said last September that it raised an initial $83 million for its third round, which was led by General Motors Investment. The latest funding came from loans led by General Bank and from venture funding from Nissho Electronics, Siemens Venture Capital, London Pacific Assurance and Mitsubishi International. In addition to seed funding, the company raised a $70 million second round and pulled in $15 million in its first round. Agility makes tunable lasers, which send pulses of light down fiber-optic wire on a variety of wavelengths. Tunable lasers can help carriers and equipment makers reduce costs.

Agility Communications raised an additional $27 million for its third round of funding, bringing its total funding to more than $200 million. The optical component maker said last September that it raised an initial $83 million for its third round, which was led by General Motors Investment.

The latest funding came from loans led by General Bank and from venture funding from Nissho Electronics, Siemens Venture Capital, London Pacific Assurance and Mitsubishi International. In addition to seed funding, the company raised a $70 million second round and pulled in $15 million in its first round. Agility makes tunable lasers, which send pulses of light down fiber-optic wire on a variety of wavelengths. Tunable lasers can help carriers and equipment makers reduce costs.