Lights Out: Optovation

This just in, courtsey of our friends over at Light Reading. Optovation, which was the remaindered part of what was Roshnee’s has shut down and soon some of its assets are going to be snapped up by Laurel Networks. Both companies share a common venture capital investor – New Enterprise Associates. Optovation had raised about $37.5 million since 2000, after Roshnee was split into two companies – Inara being the other half which had been shuttered in 2001.

Comments have been disabled for this post