Neo Photonics scoops up $10 million

Neo Photonics announced that it raised $10 million in an additional portion of its most recent funding round. The total investment for the round is $35 million. Investors behind the extra funding, announced last week, include CDP Capital-Technology Ventures, Rockport Capital Partners and Linkmore Capital. The group that contributed the initial $25 million in March includes Bay Partners, Venrock Associates, Institutional Venture Partners, SBV Venture Partners and Dow Corning. As a result of this financing, Bay Partners and CDP will each receive a seat on the board of directors of Neo Photonics, a Fremont, Calif.,-based company that makes components for optical telecom equipment.