Diligence memo · auto-generated · as of July 2, 2026
Neophotonics Corp
Neophotonics Corp looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Neophotonics Corp operates in Telecommunications, based in SAN JOSE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Neophotonics Corp has raised $49M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $40M on 2012-04-27.
Most recent recorded round closed around 2012-04-27.
Valuation (modeled)modeled
Provath models Neophotonics Corp at approximately $766M (range $96M–$2.9B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.09× the median modeled value of Series B Telecommunications companies in 2010–2012 (15 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 28 months.
Last raise 14.2 yr ago; this sector typically re-raises about every 10 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 4.5× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 87% of Telecommunications peers (929 compared).
Modeled value ranks above 92% of those peers.
Closest niche peers: Globalstar, Inc., Row 44 Inc, Yume Inc, Eco-Site, Inc, Apeiron Wireless, LLC.
Peoplefiled
24 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.