DustPhotonics secures US$25M in Series B funding led by Intel Capital

Created September 23, 2019
News and Business

DustPhotonics, a provider of optical modules for enabling data centre and high-performance computing connectivity, has announced a Series B investment of US$25 million led by Intel Capital and joined by WRVI Capital. This series also includes a continued investment from veteran entrepreneur, Avigdor Willenz.  This latest round will help fund DustPhotonics’ roadmap and expand its operations and global market presence.

Ben Rubovitch, CEO and co-founder of DustPhotonics said, “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.”

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

“High speed optical connectivity is essential to enabling the performance and scale of today’s data centres,” said Hong Hou, VP of the Data Centre 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 technology.”

“DustPhotonics is uniquely positioned to address the ever-growing need for high performance connectivity. We are highly impressed by the innovative solutions the company has developed,” added Lip Bu Tan, founding managing partner of WRVI Capital.

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

For more information, visit www.dustphotonics.com

 

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This article was written
by Matthew Peach

Matthew Peach is a freelance technology journalist specialising in photonics and communications. He has previously worked for several business-to-business publishers, editing a range of high-tech magazines and websites.