ClariPhy Communications Secures $24M in Series C Funding

ClariPhy Communications, Inc., an Irvine, California-based fabless semiconductor company developing mixed signal processors for optical networking, has secured $24m in series C funding.
The financing includes new strategic investors Oclaro, Inc., a provider of optical communications and laser components, and multiple telecom OEMs, as well as existing venture partners, including Norwest Venture Partners, Allegis Capital, ONSET Ventures, and Pacific General Partners.
The company will use the funding to commercialize a new class of single chip MXSP ICs that significantly increase an optical network’s reach and tolerance to impairments (such as chromatic dispersion, polarization mode dispersion and fiber nonlinearity), while reducing cost of ownership for both OEMs and Service Providers.
ClariPhy’s ICs target 10, 40, and 100 Gbps networks in enterprise backbone, enterprise data center and telecom environments.
The company also operates offices in Los Altos, California and Cordoba, Argentina.
FinSMEs
26/05/2010

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