Data Science Investment Counter —Funding raised by UK data science companies in 2018.
£ 5.640 Million

Dustphotonics secures $25m in Series B funding led by Intel Capital

High-performance computing connectivity provider DustPhotonics just announced a $25 million Series B investment led by Intel Capital.

The round was joined by WRVI Capital and included a continued investment from Israeli tech entrepreneur Avigdor Willenz.

DustPhotonics said the investment will go towards funding the startup’s roadmap and expand its operations and global market presence.

“We are honoured to have Intel Capital lead this round, which will help accelerate our vision of next-generation optical connectivity,” said Ben Rubovitch, CEO and co-founder of DustPhotonics.

“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.”

DustPhotonics produces pluggable optical modules and solutions for data centre, enterprise and HPC applications.

Commenting on the news on a press release, the company said that as data rates double with every generation, the complexity for meeting the demand of lower cost, lower power and higher reliability increases accordingly.

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

The company was founded in Israel in 2017 by Rubovitch. With this investment, it is set to improve further its AuraDP technologies, coupling optical signals within the module and providing a superior performance and sustainable 100, 400 and 800 Gb/s products.

“DustPhotonics is uniquely positioned to address the ever-growing need for high-performance connectivity,” explained Lip Bu Tan, Founding Managing Partner of WRVI Capital.

“We are highly impressed by the innovative solutions the company has developed.”

Image via Eucalyp on flaticon.

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