NeoPhotonics, a San Jose, Calif.-based maker of optical components using laser-reactive deposition, has filed for a $115 million IPO. It plans to trade on the Nasdaq under ticker symbol NPTN, with J.P. Morgan and Deutsche Bank Securities serving as co-lead underwriters.
The company reports $155 million in 2009 revenue, compared to $133 million in 2008 and nearly $96 million in 2007. Its 2009 net loss was $6.8 million, down from $28 million in 2008.
NeoPhotnics has raised over $240 in VC funding, including a 2004 recap round. Shareholders include Oak Investment Partners, Draper Fisher Jurvetson, Concord Ventures, International Finance Corp. and ATA Ventures. www.neophotonics.com