Silicon Line GmbH, a Munich, Germany-based developer of ultra-low-power optical link technology for consumer electronics as well as commercial and industrial markets, raised €8.2m in Series B financing.
The round, which brought total funding to €23m, was led by Capital-E, with participation from LRM, Munich Venture Partners and Unixtar.
The company intends to use the funds to ramp-up production of its optical modules – tiny circuit boards inside cable connectors; upgrade its module factory located in Hasselt, Belgium, hire additional design engineers; and open local customer support offices in Asia.
Led by Ruud van der Linden, CEO, Silicon Line provides ultra-low-power optical link technology enabling thin, lightweight and long high-speed cables for consumer electronics, commercial and industrial applications. The company develops and manufactures integrated circuits and modules which allow a low-cost, high volume assembly of active optical cables.
Founded in 2005, the company is based in Munich, Germany with offices in Korea, Japan, Taiwan, China and the United States.