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24 September 2019

DustPhotonics raises $25m in Series B funding led by Intel

DustPhotonics of Modi’in, Israel, which was founded in 2017 and develops and manufactures pluggable optical modules for data-center, enterprise and high-performance computing (HPC) connectivity, has announced a Series B investment of $25m led by Intel Capital and joined by WRVI Capital. This also includes a continued investment from veteran entrepreneur Avigdor Willenz. This latest round should help to fund DustPhotonics’ roadmap and expand its operations and global market presence.

“Our optical transceiver products address the key and challenging requirements for hyperscale applications, and we will also leverage our electro-optic technology in high-density, future architectures,” says CEO & co-founder Ben Rubovitch.

As data rates double with every successive generation, so does the complexity for meeting the demand of lower cost, lower power and higher reliability, notes DustPhotonics. Technology innovations, like AuraDP, provide a significant value differentiation enabling superior performance and sustainable 100, 400 and 800Gb/s products, claims the firm.

“High-speed optical connectivity is essential to enabling the performance and scale of today's data centers,” comments Hong Hou, VP of the Data Center Group and general manager of the Silicon Photonics division at Intel. “The DustPhotonics products complement our leading optical transceiver portfolio through short-reach, standards-based interconnects based on VCSEL [vertical-cavity surface-emitting laser] technology,” he adds.

“DustPhotonics is uniquely positioned to address the ever-growing need for high-performance connectivity,” comments WRVI Capital’s founding managing partner Lip Bu Tan.

“The cloud is leading the entire communications industry and, as a result, the optical industry continues to grow as data centers, enterprises and 5G network operators invest to expand their fiber infrastructure,” notes Dale Murray, principal analyst of LightCounting Market Research.

Tags: Optical transceivers

Visit: www.dustphotonics.com

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