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LightCross

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Proprietary technologies that will enable the use of well-developed silicon ic fabrication equipment

Monterey Park, United StatesFounded 2000Hard Tech
Valuation $100–250M Last recorded · 2001
Total funding $10–50M Disclosed equity funding
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About LightCross

LightCross, Inc. operated in the optical networking and switching components market, focusing on the development of proprietary silicon integrated circuit technologies. Founded in 1999, the company aimed to revolutionize the industry by producing photonic components within a standard integrated circuit (IC) production environment, positioning itself as a fabless optical integrated circuit (OIC) company. This approach was intended to overcome the asset-heavy models that constrained other firms in the optical components sector.

The company successfully raised a total of $41.3 million over three funding rounds, including a $30 million Series B round in August 2001 led by UMC Capital. Other significant investors included J.P. Morgan, Arch Venture Partners, and Comdisco. A key technological milestone was achieved in October 2001 when LightCross, in partnership with United Microelectronics Corp. (UMC), produced working arrayed waveguide gratings (AWGs) on silicon wafers, a first for the industry.

LightCross developed dynamic optical modules designed to integrate active optics and electronics on a single silicon chip. Its products, such as the fast Variable Optical Attenuator (VOA) Arrays, offered sub-microsecond response times and were targeted at manufacturers of Dense Wavelength Division Multiplexing (DWDM) equipment. These components were designed to reduce network costs, enhance flexibility, and lower power consumption compared to traditional silica-based components. In October 2003, LightCross announced a merger with Arroyo Optics to broaden their technology platforms and expand their product offerings to clients in the fiber optics infrastructure market. The merged entity, which continued under the name Arroyo Optics, was subsequently acquired by Kotura in June 2004.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2000
Headquarters
Monterey Park, United States
Open positions
None listed
Dealroom signal
15.3/100
Sector
Hard Tech
Business model
Manufacturing
Client focus
b2b
Links
Website

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Oct 2003 $0 — KOTURA —
SERIES B✓Equity / VC Aug 2001 $30M $120M Undisclosed —
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Growth signals

LightCross website traffic

Latest recorded traffic for LightCross is 0 monthly website visits, down 100% over the last three months.

Latest monthly visits0 3-month web change-100%
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • Comdisco Ventures

Other known investors1 additional known investor

  • KOTURA
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Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Monterey Park HQ
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Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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