FTTH module maker ColorChip raises $9.5M

ColorChip, a developer of glass-based PLC chips and modules for FTTH networks, announced it has closed a $9.5 million round of VC funding led by Bessemer Venture partners and Motorola Ventures, the VC arm of Motorola. Existing investors Eurofund, Polytechnos and Walden also contributed to the round. ColorChip said the cash will help the company move beyond R&D and into mass production mode.

For more on ColorChip's VC round:
- check out this press release

Suggested Articles

Cable, satellite, and telecom pay TV providers should expect one of the worst years ever for cord cutting, according to eMarketer.

Comcast may be under pressure to split up its cable and media businesses and one analyst said that such a move could unlock value for both assets.

Blockgraph has partnered with TVSquared to provide omni-channel TV measurement and audience activation.