What is PICadvanced?
PICadvanced is a key player in the development of optoelectronic transceivers, specifically targeting the needs of NG-PON2 technology. The company's expertise extends beyond optical components to encompass the development of integrated electronics and sophisticated software solutions, positioning it at the forefront of next-generation communication infrastructure.
How much funding has PICadvanced raised?
PICadvanced has raised a total of $4.8M across 1 funding round:
Series A
$4.8M
Series A (2020): $4.8M with participation from Verizon Ventures and PME Investimentos
Key Investors in PICadvanced
Verizon Ventures
Verizon Ventures is a venture capital arm that invests in companies relevant to Verizon's strategic interests, often focusing on telecommunications, network infrastructure, and emerging technologies. Their investment in PICadvanced suggests a belief in the company's potential to impact future network capabilities.
PME Investimentos
PME Investimentos is an investment entity that supports businesses, likely focusing on Portuguese small and medium-sized enterprises or technology ventures. Their participation indicates a commitment to fostering innovation within the technology sector.
What's next for PICadvanced?
The recent major strategic investment signifies a pivotal moment for PICadvanced, likely indicating a transition towards scaling its operations and expanding its market reach. This enterprise-level funding suggests a focus on accelerating product development, enhancing manufacturing capabilities, and potentially forging new strategic partnerships to solidify its position in the competitive telecommunications hardware market.
See full PICadvanced company page
