AOptix Technologies raises $12.9 Million in new round funding
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California: AOptix Technologies, a developer of advanced iris recognition systems and ultra-high bandwidth wireless optical communication solutions, has raised $12.9 million from Northgate Capital, Kleiner Perkins Caufield & Byers, Clearstone Venture Partners, DAG Ventures, W Capital Partners and Lehman Brothers in a new round of funding. The company is building new products for emerging iris biometric and wireless optical transmission markets. AOptix is currently in production and launch of the company's first commercial product release for the iris biometrics market - the InSight 2 Meter Iris Recognition System. "In today's economy, it is very reassuring to have our company backed by such an outstanding investment group. Their vision, leadership and continued commitment to pioneering innovative technology products are extraordinary," says AOptix Chairman and CEO Dean Senner. Recent defense contract wins have also accelerated the company's free space optical (FSO) communications division. Ultra-high bandwidth optical wireless connections at long distances are achieved through their patented adaptive optics correction technology.

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