Reflex Photonics Inc. Secures US $2 million from MMV Financial Inc. > MMV Financial | Venture Loan | Bridge Loan | Structured Loan | Debt Financing | MMV Capital Partners > Archives
Summary
Montreal, QC – September 25, 2007 – Reflex Photonics Inc., a developer of extreme high speed opto-electronic connectivity solutions, today announced, as part of an undisclosed equity financing round, the completion of a US million venture loan financing from MMV Financial. “We are very pleased with the enthusiasm and timeliness that the MMV team demonstrated in their efforts to understand our business opportunities and move the financing forward with a sense of urgency that most other venture loan financing providers have forgotten, clearly putting MMV ahead of the pack.” About Reflex Photonics Reflex Photonics is an advanced developer of extreme high speed (40 Gb/s to 1000 Gb/s), Light on BoardTM connectivity solutions for semiconductor packaging and data transfer applications. Through the integration of our uniquely innovative and proprietary LightABLETM technology, we are focused on intra and inter printed circuit board (PCB) applications ranging in distance from 1 inch to 1000 feet, supporting all physical layer protocols. Founded in 2002, Reflex Photonics, a privately-held company operating both in Montreal, Quebec and Redwood Shores, California. MMV is backed by top U.S. and Canadian private equity firms and financial institutions including CCP Equity Partners, Caisse de dépôt et placement du Québec, NewStar Financial Inc., and Wells Fargo Company.