Acacia Communications provides intelligent transceivers for ultra-high-speed fiber optic transmission to the telecommunications infrastructure industry. The company designs, manufactures and sells optical transponder technology and advanced solutions for coherent 100G, 200G, 400G and beyond transceivers, aimed at reducing development costs, increasing performance and accelerating time to market. Acacia works in collaboration with customers and suppliers to deliver its optical transport and network infrastructure equipment. Founded by Mehrdad Givehchi, Benny Mikkelsen and Christian Rasmussen and led by President and CEO Raj Shanmugaraj, the company is based in Maynard, Massachusetts and also has an office in Hazlet, New Jersey. On May 15, 2013, Acacia raised $20M in funding led by Summit Partners with participation from Matrix Partners, Commonwealth Capital Ventures and Egan Managed Capital. The company intends to use the proceeds to expand into multiple markets and to develop and/or acquire core technologies.

Total raised

$20M

Funding rounds

1

Latest round

Equity

Latest activity

May 2013