About Corona Optical Systems
Corona Optical Systems is a Technology company based in Lombard (United States) founded in 2000, and was acquired by Emcore in July 2004. It operates as a high-speed optoelectronic transceivers for switching and routing equipment. Corona Optical Systems has raised $21.9 million across 3 funding rounds from investors including Emcore, sterlingholdingsinc.com and Intel Capital. The company was acqui-hired. Its focus areas include Semiconductors, Photonics, Photonic Integrated Circuits and Material Platforms. Its competitors include Aeponyx, AIO Core and Xiamen Youxun Express Chip; 1 of its 3 listed competitors has raised funding.
Company details
Corona Optical Systems developed and manufactured high-speed optoelectronic components and subsystems for switching and routing equipments. It offered an ultra-small-form-factor transceiver which was deployed by Tier 1 customers for use in high-density telecom switching boxes. The company was operational for 4 years until being acquired by Emcore in 2004.
- Headquarters Lombard, United States
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website coronasys.com
- Acquired by Emcore (Jul 2004)
Funding Insights of Corona Optical Systems
Corona Optical Systems has successfully raised a total of $21.9M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $7.5 million completed in February 2003. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $21.9M
- Total Rounds 3
- Last Round Series B — $7.5M
- First Round $12.4M
(Mar 2001)
- Investors Count 7
All 3 funding rounds of Corona Optical Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2003 | $7.5M | Series B | – | sterlingholdingsinc.com, Megunticook Real Estate | |
| Apr 2002 | $2M | Series A | – | – | – |
| Mar 2001 | $12.4M | Series A | – | KB Partners |
8 investors in total: 8 institutional.
Investors in Corona Optical Systems
Corona Optical Systems has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Emcore, sterlingholdingsinc.com and Intel Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in technology startups focusing on compute, AI, and related innovations. | – | intelcapital.com | - | |
Tech & Life Sciences focused VC firm investing in early stage startups in the US | – | kbpartners.com | Highland Park, United States | |
Multiple sectors focused seed & early stage VC firm investing in the US, Europe & Asia | – | ventureinvestors.com | Madison, United States | |
- | – | sterlingholdingsinc.com | - | |
Real estate services are provided in Midcoast Maine. | – | coastalmainere.com | Camden, United States | |
- | – | sterlingholdings.com | - | |
An investment management firm specializing in diversified funds and portfolios. | 1989 | geometrygroup.com | New York, United States | |
Mixed-signal optical products are supplied for high-speed communication infrastructures. | 1984 | emcore.com | Alhambra, United States |
Investor details for Corona Optical Systems
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Timeline of Corona Optical Systems
4 dated milestones of Corona Optical Systems across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Corona Optical Systems is founded.
- Funding First funding round of $12.4M.
- Funding Latest funding round, Series B, of $7.5M.
- Exit Acquired by Emcore.
Competitors of Corona Optical Systems
Corona Optical Systems has 3 listed competitors in our database, 1 of them funded. They include Aeponyx, AIO Core and Xiamen Youxun Express Chip, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| aeponyx.com | 2011 | Montreal, Canada | $17.21M | 39 | Silicon-based photonic transceivers are manufactured using MEMS and photonics. | |
| aiocore.com | 2017 | Bunkyo, Japan | – | – | Silicon photonics transceivers are designed for data centers and networking. | |
| uxfastic.com | 2003 | Xiamen, China | – | – | Develops innovative high-speed optical communication transceiver chipsets. |
Detailed competitors of Corona Optical Systems
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Top companies in Optical & Photonics Technologies
10 companies that operate in the same segment as Corona Optical Systems (Optical & Photonics Technologies), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multiple sectors are invested in by the venture capital firm. | 1934 | Minato, Tokyo, Japan | – | USD 57.04 M | – | |
Provider of diversified optics for microscopic instruments, medical imaging systems and more | 1846 | Oberkochen, Baden-wurttemberg, Germany | USD 49.79 M | USD 2.62 B | – | |
Cloud-based network management software is provided for infrastructure planning. | 1992 | Hanover, New Hampshire, United States | – | USD 4.77 B | 8,660 | |
Fiber lasers are developed and supplied for industrial applications. | 2000 | Vancouver, Washington, United States | USD 203.65 M | USD 261.33 M | 800 | |
Photon-based universal quantum computers are developed for error correction. | 2015 | Palo Alto, California, United States | USD 2.32 B | USD 1.04 M | 672 | |
Universal quantum computers using trapped-ion technology are provided via cloud. | 2015 | College Park, Maryland, United States | USD 86 M | USD 43.07 M | 407 | |
Developer of solid-state LiDAR sensors and perception software for autonomous vehicles | 2016 | Rosh Haayin, Central District, Israel | USD 252 M | USD 55.09 M | 415 | |
Fiber-optic networking products are designed and manufactured for broadband markets. | 1997 | Sugar Land, Texas, United States | USD 64.82 M | USD 455.71 M | 3,310 | |
Data center fiber optic networks and connectivity solutions are provided. | 1991 | California, United States | – | USD 51.57 B | 37,000 | |
LiDAR-based sensors for autonomous vehicles and energy applications are developed. | 2014 | Shanghai, Shanghai, China | USD 598.93 M | USD 421.17 M | 270 |
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Frequently Asked Questions about Corona Optical Systems
Corona Optical Systems was founded in 2000 and raised its 1st funding round 1 year after it was founded.
Corona Optical Systems is headquartered in Lombard, United States. It is registered at Lombard, Illinois, United States.
Corona Optical Systems is a funded company, having raised a total of $21.9M across 3 funding rounds to date. The company's 1st funding round was a Series A of $12.4M, raised on Mar 2001.
Corona Optical Systems developed and manufactured high-speed optoelectronic components and subsystems for switching and routing equipments. It offered an ultra-small-form-factor transceiver which was deployed by Tier 1 customers for use in high-density telecom switching boxes. The company was operational for 4 years until being acquired by Emcore in 2004.
Corona Optical Systems's top competitors include Aeponyx, AIO Core and Xiamen Youxun Express Chip.
Corona Optical Systems has 8 investors. Key investors include Emcore, sterlingholdingsinc.com, Intel Capital, KB Partners, and Venture Investors.
Yes. Corona Optical Systems was acquired by Emcore in July 2004.