Acacia Communications Inc., an optical-networking startup, filed for an preliminary public providing Monday. The 6-yr-previous firm plans to checklist underneath the logo ACIA on the Nasdaq world Market, and listed an initial target of $ a hundred twenty five million in funding. The Massachusetts-based totally firm said in its submitting with the Securities and change fee that revenue virtually doubled in 2014, from $ 77.7 million to $ 146.2 million, and increased 62% within the first 9 months of 2015, when sales totaled $ a hundred and seventy.5 million. Acacia can also be winning, rare for a young tech company, with web earnings of $ 1.7 million in 2014 and $ 3 million within the first 9 months of this year. undertaking buyers embrace Matrix partners, which own 39.2% of the company, and Commonwealth Capital Ventures, which owns 19.7%.
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