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Optiva nabs $30 million

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
Optiva announced Tuesday it closed a $30 million third round of funding, led by J.P. Morgan Partners. Other investors included Daehong, Eastman Chemical and previous investors Fidulex Management, Harris & Harris Group, Merifin Capital and NextGen Partners. The South San Francisco, Calif.-based company has raised a total of $42.2 million. Optiva develops self-assembling ultrathin nanomaterials for use in optical applications.