CAMPBELL, Calif. (PRWEB) June 7, 2007
Tom Goodrich, co-founder of DAG Ventures, says, "We are very excited to be joining the AOptix Technologies team. They have applied their powerful adaptive optics technology in new and innovative ways to develop advanced iris recognition and laser communication systems. These leading edge solutions will provide their customers with capability and performance previously not available in the marketplace. Remarkable company - experienced leadership with tremendous capability to meet the challenges of today's world."
According to company President and CEO, Dean Senner, "This is an exciting time for AOptix as we firmly establish our leadership position in laser communications and prepare to revolutionize the biometics iris identification market with our disruptive technology and innovative new products. Our target market segments are extremely positive about the value propositions we offer. We're delivering next generation solutions that will change the future of iris recognition and laser communications."
About DAG Ventures: DAG Ventures is a venture capital partnership investing in and helping outstanding entrepreneurs create leading, long-term companies across a range of markets. With roots from the 1980's in cable TV, infrastructure, media, and wireless industries, the partnership today is privileged to work with world-class entrepreneurs as they build tomorrow's leaders in the information technology, energy, and life science sectors. http://www.dagventures.com
About KPCB: Since its founding in 1972, KPCB has backed entrepreneurs in 450 ventures, including AOL, Align, Amazon.com, Citrix, Compaq Computer, Electronic Arts, Genentech, Genomic Health, Genprobe, Google, Hybritech, IDEC Pharmaceuticals, Intuit, Juniper Networks, Netscape, Ligand Pharmaceuticals, Lotus, Nuvasive, Sun Microsystems, Symantec, Verisign and Xilinx. KPCB portfolio companies employ more than 250,000 people. More than 150 of the firm's portfolio companies have gone public. Many other ventures have achieved success through mergers and acquisitions. http://www.kpcb.com
About Clearstone Venture Partners: Clearstone Venture Partners provides venture capital for technology innovators. With offices in Santa Monica and Menlo Park, California, Clearstone has $650 million of committed capital to invest across the horizon of technology markets including software, enterprise infrastructure, storage, communications, security, wireless, semiconductors, advanced optics and both consumer & business Internet. http://www.clearstone.com
About 3i: 3i is a world leader in private equity and venture capital. They focus on Buyouts, Growth Capital and Venture Capital and invest across Europe, in the United States and in Asia. Their competitive advantage comes from their international network and the strength and breadth of their relationships in business. These underpin the value that they deliver to their portfolio and to their shareholders.
For more information, go to http://www.3i.com
About Lehman Brothers: Lehman Brothers (ticker symbol:LEH), an innovator in global finance, serves the financial needs of corporations, governments and municipalities, institutional clients, and high net worth individuals worldwide. For further information about Lehman Brothers' services, products and recruitment opportunities, visit the Firm's Web site at http://www.lehman.com
About the company
AOptix Technologies is a privately funded company with deep expertise developing advanced optical products for a wide range of government and civilian clientele. http://www.aoptix.com.
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