Ayar Labs Secures $35 Million in Series B Funding and Adds New Strategic and Global Investors as Interest in Optical I/O Grows
Ayar Labs Secures $35 Million in Series B Funding and Adds New Strategic and Global Investors as Interest in Optical I/O Grows
11/05/20, 2:04 PM
Location
san joseMoney raised
$35 million
Industry
hardware
Round Type
series b
Ayar Labs is pleased to announce the completion of a $35M Series B financing co-led by Downing Ventures and BlueSky Capital. New investors include Applied Ventures, LLC, Castor Ventures, Downing Ventures (U.K.), and SGInnovate (Singapore), expanding Ayar Labs’ investor base with strategic ecosystem and global investors. Existing investor participation includes BlueSky Capital, Founders Fund, GLOBALFOUNDRIES, Intel Capital, Lockheed Martin Ventures, and Playground Global.
Company Info
Location
san jose, california, united states
Additional Info
Ayar Labs is the leader in optical interconnect solutions that move data at the speed of AI. Recognizing that the complexity and size of AI models are increasing at a rate that traditional interconnect technology cannot handle, the company has developed the industry’s first optical I/O solution that enables customers to maximize the compute efficiency and performance of growing AI infrastructure, while reducing costs, latency and power consumption. Based on open standards and optimized for both AI training and inference, Ayar Labs’ optical I/O solution is backed by a robust ecosystem that enables it to integrate smoothly into AI systems at scale. Ayar Labs was founded in 2015.