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Xscape Photonics, a startup focused on scaling AI capabilities in data centers, has raised a $44 million Series A round aided by Cisco Investments and Nvidia. #pressrelease
October 15, 2024
Xscape Photonics, a startup using silicon photonics to support the next generation of AI data centers, today announced the successful close of a $44 million Series A funding round, increasing the total amount raised to $57 million. The financing was led by IAG Capital Partners with investment from Altair, Cisco Investments, Fathom Fund, Kyra Ventures, LifeX Ventures, NVIDIA and OUP. The funding will be used to accelerate the development of Xscape Photonics' ChromX platform, a scalable, multi-color, programmable photonics platform for AI data center fabrics.
Data centers have traditionally been constrained to transmit data streams over four colors on a single fiber. However, as bandwidth demand has grown, the need for a scalable laser and photonics platform becomes essential as vendors are unable to keep up with the surge in volume demand for lasers in these networks. Xscape Photonics' multi-wavelength photonics platform can handle hundreds of colors on a single fiber, providing flexibility and efficiency for AI workloads.
With its ChromX platform, Xscape Photonics is enabling hyperscale customers to reimagine the data center fabric by utilizing a scalable solution that can hit volume, cost and density targets.
"We are excited about accelerating commercialization of our unique multi-color laser photonics technology, for different custom use cases in the AI and hyperscaler markets," said Alexander Gaeta, Co-Founder and President of Xscape Photonics.
Xscape Photonics was started in 2022 by three Silicon Photonics pioneers, a laser expert from Columbia University and a founding member of the Silicon Photonics team at Broadcom. The team is comprised of PhDs and engineers with backgrounds in the semiconductor space from time at various organizations such as Broadcom, Cerebras, InPhi, Intel, Juniper, Lumentum, Marvell and Neophotonics.
Read the full press release here.
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