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Kodeos snags $12 million in first round

Kodeos Communications announced on Monday that it has raised a $12 million first round of funding, led by Jerusalem Venture Partners and Highland Capital Partners. South Plainfield, N.J.-based Kodeos is developing hardware to increase the speed and capacity in fiber-optic networks that span a great distance. Kodeos' hardware is designed to reduce the weakening of a fiber-optic signal, which in turn cuts down the need to frequently regenerate the signal through another length of fiber. See complete list.

Kodeos Communications announced on Monday that it has raised a $12 million first round of funding, led by Jerusalem Venture Partners and Highland Capital Partners. South Plainfield, N.J.-based Kodeos is developing hardware to increase the speed and capacity in fiber-optic networks that span a great distance. Kodeos' hardware is designed to reduce the weakening of a fiber-optic signal, which in turn cuts down the need to frequently regenerate the signal through another length of fiber.

See complete list.