Broadlight 3Q07 Update

Broadlight’s 3Q 2007 revenues were at estimated $15.5 million. Asia fetched around 70-75% of its revenues. Although revenues increased compared to the last quarter, but it was not enough to maintain its position within the Optical networking chip vendors. This quarter Broadlight skipped to 3rd position with Teknovus moving ahead of it.

Broadlight’s slipping down is evident as EPON is still preferred PON and we don’t see much of GPON happening which is the area of Broadlight.

During the period it closed $12 million series E funding round led by Benchmark Capital. It did sign up a few customers, although none is announced. It also opened an office in Taipei, Taiwan to provide sales and support services for manufacturers in the country.