Photonics Spectra reported on Oct. 28 that iPronics appointed co-founder and former CTO Daniel Perez-Lopez chief executive and Geoffrey Tate board chairman. The Spanish optical-switching company's $125 million Series B, with NVIDIA among participants, was announced on Sept. 2 and is background to this leadership change, not a new Oct. 31 funding round.
GLOBAL IMAGING BRIEF
Analysis: The appointments place the founder and an experienced semiconductor executive in leadership roles as iPronics scales optical circuit switching. The funding history alone does not establish commercial deployment or switching performance.
Original source
Original source: Photonics Spectra's Oct. 28 people-in-the-news report; funding date checked against iPronics' Sept. 2 release.