What's Happening?
OpenLight has raised $34 million in a Series A funding round to scale its next-generation integrated photonics technology for AI data centers. The funding round was co-led by Xora Innovation and Capricorn Investment Group, with participation from other investors including Mayfield and Juniper Networks. OpenLight's technology focuses on custom Photonic Application-Specific Integrated Circuit (PASIC) chip design and manufacturing, aimed at improving data movement efficiency in AI data center networks. The company plans to expand its Process Design Kit (PDK) library and ramp up its team to support customers transitioning to volume production.
Why It's Important?
The investment in OpenLight underscores the growing demand for faster and more energy-efficient data movement in AI data centers. Integrated photonics is emerging as a key enabler of next-generation data center infrastructure, supporting AI-scale workloads. OpenLight's technology has applications beyond data centers, including telecom, automotive, and healthcare, highlighting its potential to drive innovation across multiple industries. The funding will allow OpenLight to accelerate its R&D efforts and bring transformative solutions to market, positioning the company at the forefront of the photonics revolution.
What's Next?
OpenLight plans to use the new capital to expand its PDK library and scale its operations. The company aims to enhance its component design library with leading-edge technologies, including a 400Gb/s modulator and indium phosphide integrated on-chip laser technology. OpenLight will also focus on ramping up its standard-based reference PICs to provide customers with flexible design options. As the company scales its team, it will support customers transitioning to volume production over the next 12 months.
Beyond the Headlines
The investment in OpenLight reflects a broader trend towards integrating photonics in data center infrastructure to meet the growing demands of AI and IoT applications. The company's focus on heterogeneous integration highlights the potential for photonics to transform data processing and transmission, offering new opportunities for innovation and efficiency. OpenLight's technology may also influence other sectors, driving advancements in telecom, automotive, and healthcare.