Ayar Labs Raises $155M in Series D Funding
Summary
Ayar Labs, a San Jose, CA-based company which specializes in optical interconnect solutions for large-scale AI workloads, raised $155M in Series D funding. They joined existing investors such as Applied Ventures LLC, Axial Partners, Boardman Bay Capital Management, GlobalFoundries, IAG Capital Partners, Lockheed Martin Ventures, Playground Global, and VentureTech Alliance. This brings the total funding to $370 million and raises the company’s valuation to above $1 billion. Led by CEO Mark Wade, Ayar Labs provides an optical I/O solution that enables customers to optimize the compute efficiency and performance of AI infrastructure, while reducing costs, latency and power consumption. Optical I/O allows customers to maximize the compute efficiency and performance of their AI infrastructure, while reducing costs and power consumption, to improve profitability metrics for AI applications.