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socaltech.com Irvine-based Cosemi Technologies, a developer of plug-and-play HDMI, DisplayPort and USB active optical cables, said on Tuesday that it has raised $8M in a strategic funding round. The funding came from Nitto Denko Corporation, a Japanese materials manufacturer. According to Cosemi, it will ues the new funding round to accelerate its growth, and also address a growing market in the area of high-speed, hybrid active optical interconnect solutions. Cosemi's cables provide both fiber optic speeds as well as power and control signals over copper, and offers up its cables into the a...

Cosemi Secures $8M in Strategic Funding Round GlobeNewswire IRVINE, Calif., Dec. 15, 2020 (GLOBE NEWSWIRE) -- Cosemi Technologies Inc., a global leader in innovative, high-speed connectivity solutions, today announced that it has closed an $8 million strategic funding round, led by Nitto Denko Corporation (OTCMKTS: NDEKY), an Osaka-based diversified materials manufacturer and Cosemi technology and solutions partner. The investment will be used to accelerate Cosemi’s growth and address the broad, growing market opportunity for its high-speed, hybrid active optical interco...