3covegalogo

Situation:  In post-bubble venture capital environment, a photonic component company required late-round, pre-revenue financing

John’s Contribution:  Led venture capital raise based on merger of two portfolio companies, while engineering a large combined reduction in cash burn, and providing for credibility in the execution of customer commitments

Outcomes:
•  50% reduction in combined cash burn
•  Financial viability to secure multi-year supply agreement with tier-1 datacom customer