Dustphotonics Secures $33 Million In Funding To Fuel Development Of Its Silicon Photonics Technology
Dustphotonics Secures $33 Million In Funding To Fuel Development Of Its Silicon Photonics Technology
10/28/21, 7:29 AM
Money raised
$33 million
DustPhotonics, a leading developer of silicon photonics technology and solutions, announced today a new investment and corporate reorganization to align with new business opportunities and corporate strategy. This investment, totalling $33 million, was led by Greenfield Partners, who join DustPhotonics' Round B investors Intel Capital, veteran entrepreneur Avigdor Willenz, and others. In addition, the company also announced it has completed an organizational realignment to support its strategic and business direction. The company will focus its resources on silicon photonics solutions and phase out its Transceivers product line
Company Info
Additional Info
DustPhotonics develops silicon photonics solutions for Cloud, data center, enterprise and HPC applications. Its innovative products and technology, such as Laser integration into Silicon, are targeted at enabling the next generation of optical modules and connectivity. DustPhotonics was founded in 2017 with offices in Modi'in, Israel and Cupertino, California. For more information, visit www.dustphotonics.com or contact sales@dustphotonics.com.