Ayar Labs Marks Continued Growth with New Financing from Silicon Valley Bank, DARPA Research Contract, and Strategic Technical Hire from UC Berkeley
Summary
SANTA CLARA, Calif.--(BUSINESS WIRE)--Ayar Labs is pleased to announce that it has secured additional funding to fuel its growth as it drives to productize its TeraPHY™ optical I/O chiplets and SuperNova™ multi-wavelength lasers in 2019. The funding comes on the heels of the Optical Fiber Conference (OFC), where there was significant industry focus on the need for integrating silicon photonics based optical interconnect into semiconductor packages – a technique that promises to dramatically improve application performance, significantly reduce power consumption, and reduce overall datacenter platform costs for the Artificial Intelligence, High Performance Computing, Cloud, and Telecom markets. “Our customers and partners are excited at the progress we’re making; SVB’s investment will fuel our growth and accelerate our volume product introduction.” Ayar Labs is also pleased to announce that it has been awarded a DARPA grant as part of the “Photonics in the Package for Extreme Scalability” (PIPES) program, a research initiative that seeks to develop high-bandwidth optical signaling technologies for digital microelectronics. Through the grant, Ayar Labs will work to accelerate the adoption and integration of the Advanced Interface Bus (AIB), a royalty-free high-bandwidth electrical interconnect standard, which will be used to link third-party chips to TeraPHY. Ayar Labs is disrupting the traditional performance, cost, and efficiency curves of the semiconductor and computing industries by driving a 1000x improvement in interconnect bandwidth density at 10x lower power.