Google, Lightspeed lead $38m round for China's InnoLight
Google Capital, the growth-stage venture arm of Google, and Lightspeed China Partners have co-led a $38 million Series C round of funding for InnoLight Technology, a Chinese manufacturer of cloud computing optical transceivers.
InnoLight was founded in 2008 and is based in Suzhou. The company produces high-speed optical transceivers that enable bandwidth expansion of Web 2.0 companies. It has sales offices and R&D centers in...