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Alloptic secures $30 million in additional financing

Alloptic, Inc., a pioneer in the development and deployment of Gigabit Ethernet Passive Optical Networks (GEPONs), the ultimate communications network for today and tomorrow, announced that they have secured an additional $30 million in venture funding. Leading the rounds of financing were Ritchie Capital Management and GMG Capital Management.

Alloptic is an industry leader in the development and deployment of IEEE Gigabit Ethernet Passive Optical Network (GEPON) technology. Alloptic�s access network solution has been deployed around the world and offers the only GEPON solution with several years of field hardened, operational history. The Alloptic solution leverages a standard ITU PON architecture, while delivering a gigabit of bandwidth. With a native ability to support traditional TDM voice over an Ethernet based platform, Alloptic is able to provide today�s worry free telephone services while seamlessly supporting next generation services such as IP HDTV.

Alloptic delivers proven, standards-based, passive optical access equipment for fiber-to-the-home, business, and multi-dwelling unit that simplifies fiber-to-the-premise (FTTP) deployment. Enabling ultra fast internet, state-of-the-art cable TV and worry-free telephone service connected affordably, reliably and efficiently at the speed of light. Alloptic\'s unique, flexible technology enables service providers to deploy true triple-play services, including voice (TDM and IP), video (RF and IP) and data. Alloptic�s network access equipment serves communities, telecommunications carriers and cable providers in the U.S. and around the world.