Vancouver, Washington’s nLight gets $10.7 million in venture capital financing

Vancouver-based nLight Corp. http://www.nlight.net/ , a supplier of high-power semiconductor lasers, said today that it has received $10.7 million in the first closing of new equity financing.

The company will use the new growth capital to drive continued product development of integrated laser modules and increase sales in its core industrial, defense and medical markets. Continued investment came from existing venture investors Oak Investment Partners, Mohr Davidow Ventures and Menlo Ventures.

Full Story: http://columbian.com/article/20090128/BIZ01/701289965/-1/BIZ