Fiberzone was founded in 2003 by Yossi Arol and Zohar Avrahami to develop systems for the more efficient management of fiber optic networks.
Automated fiber optic management solutions developer Fiberzone Networks Inc. has raised $11.6 million after having not raised any capital for the past five years. According to a report to the US Securities Exchange Commission (SEC) the investors in the current round of fund raising are the previous investors - Novak Biddle Venture Partners, PortView Communications Partners and Stageone Ventures.
Fiberzone is seeking a further $7 million to complete a fund raising round of $19 million.
Fiberzone was founded in 2003 by Yossi Arol and Zohar Avrahami to develop systems for the more efficient management of fiber optic networks.
The company has annual sales of several million dollars and 30 employees in Maryland and Petah Tikva.