Luxtera, a Carlsbad, California-based fabless semiconductor company, has closed a $21.7m Series C financing.
Backers include NEA, August Capital, Sevin Rosen Funds, and Lux Capital, as well as new investor Tokyo Electron, and an undisclosed industry veteran.
The company intends to use the funding for design win opportunities and market adoption increase of its Silicon CMOS Photonics.
Founded in 2001 and led by president and CEO Greg Young, Luxtera developed a Silicon Photonics technology platform that allows the construction of complex optical systems in production CMOS processes, the same processes currently used for building VLSI circuits.
In addition to the funding, the company has added Martin Colombatto, who most recently served as the CEO and president of Staccato Communications, a San Diego-based Ultra Wide Band (UWB)/ wireless USB company, to its board of directors.
Luxtera is currently hiring (http://www.luxtera.com/careers.html).
FinSMEs
27/02/2012