HyperLight Accelerates Growth With $37M Funding Led by Summit Partners
HyperLight , a provider of thin film lithium niobate (TFLN) photonic integrated circuits (PICs), has secured a $37 million Series B investment led by Summit Partners. The funding round includes participation from existing investors Xora Innovation and Foothill Ventures. Peter Chung, Managing Director and CEO of Summit Partners, will join HyperLight's Board of Directors.
HyperLight's TFLN PICs offer superior bandwidth and energy efficiency for AI/data center infrastructure, telecommunications optical networks, and high-performance computing. The company has delivered industrial-scale TFLN PICs with a trusted supply chain since its founding in 2018.
The new financing will enable HyperLight to accelerate product development and meet growing customer demand. The investment is expected to enhance the company's ability to serve as a trusted innovation partner in the photonics industry.
HyperLight, fornitore di circuiti integrati fotonici in niobato di litio a film sottile (TFLN), ha ottenuto un investimento di 37 milioni di dollari nella Serie B guidato da Summit Partners. Il round di finanziamento include la partecipazione degli investitori esistenti Xora Innovation e Foothill Ventures. Peter Chung, Managing Director e CEO di Summit Partners, entrerà a far parte del Consiglio di Amministrazione di HyperLight.
I circuiti integrati fotonici TFLN di HyperLight offrono una banda passante e un'efficienza energetica superiori per infrastrutture AI/data center, reti ottiche per telecomunicazioni e calcolo ad alte prestazioni. L'azienda ha fornito circuiti integrati fotonici TFLN su scala industriale con una catena di approvvigionamento affidabile sin dalla sua fondazione nel 2018.
Il nuovo finanziamento permetterà a HyperLight di accelerare lo sviluppo del prodotto e di soddisfare la crescente domanda dei clienti. Si prevede che l'investimento migliorerà la capacità dell'azienda di fungere da partner di innovazione affidabile nell'industria fotonica.
HyperLight, proveedor de circuitos integrados fotónicos de niobato de litio de película delgada (TFLN), ha asegurado una inversión de 37 millones de dólares en la Serie B liderada por Summit Partners. La ronda de financiamiento incluye la participación de inversores existentes como Xora Innovation y Foothill Ventures. Peter Chung, Director General y CEO de Summit Partners, se unirá a la Junta Directiva de HyperLight.
Los circuitos integrados fotónicos TFLN de HyperLight ofrecen un ancho de banda y eficiencia energética superiores para infraestructura de AI/data center, redes ópticas de telecomunicaciones y computación de alto rendimiento. La empresa ha entregado circuitos integrados fotónicos TFLN a escala industrial con una cadena de suministro confiable desde su fundación en 2018.
El nuevo financiamiento permitirá a HyperLight acelerar el desarrollo de productos y satisfacer la creciente demanda de los clientes. Se espera que la inversión mejore la capacidad de la empresa para servir como un socio de innovación de confianza en la industria fotónica.
하이퍼라이트(HyperLight)는 얇은 필름 리튬 나이오브산(TFLN) 포토닉 집적 회로(PIC)를 제공하는 업체로, 3,700만 달러 규모의 시리즈 B 투자를 써밋 파트너스(Summit Partners)가 주도했습니다. 자금 조달 라운드에는 기존 투자자인 조라 이노베이션(Xora Innovation)과 풋힐 벤처스(Foothill Ventures)가 참여했습니다. 써밋 파트너스의 매니징 디렉터 및 CEO인 피터 청(Peter Chung)이 하이퍼라이트 이사회에 합류할 예정입니다.
하이퍼라이트의 TFLN PIC는 AI/데이터 센터 인프라, 통신 광학 네트워크 및 고성능 컴퓨팅을 위해 우수한 대역폭과 에너지 효율성을 제공합니다. 회사는 2018년 설립 이후 신뢰할 수 있는 공급망으로 산업 규모의 TFLN PIC를 공급해왔습니다.
이번 신규 자금 조달은 하이퍼라이트가 제품 개발을 가속화하고 증가하는 고객 수요를 충족하는 데 도움이 될 것입니다. 이번 투자는 회사가 포토닉스 산업의 신뢰할 수 있는 혁신 파트너로서의 능력을 향상시키는 데 기여할 것으로 예상됩니다.
HyperLight, un fournisseur de circuits intégrés photoniques en niobate de lithium à film mince (TFLN), a sécurisé un investissement de 37 millions de dollars lors de la Série B dirigé par Summit Partners. Ce tour de financement comprend la participation d'investisseurs existants comme Xora Innovation et Foothill Ventures. Peter Chung, Directeur Général et CEO de Summit Partners, rejoindra le Conseil d'Administration de HyperLight.
Les circuits intégrés photoniques TFLN de HyperLight offrent une bande passante et une efficacité énergétique supérieures pour les infrastructures AI/data center, les réseaux optiques de télécommunications et l'informatique haute performance. L'entreprise a fourni des circuits intégrés photoniques TFLN à l'échelle industrielle avec une chaîne d'approvisionnement fiable depuis sa création en 2018.
Le nouveau financement permettra à HyperLight de accélérer le développement de produits et de répondre à la demande croissante des clients. Cet investissement devrait renforcer la capacité de l'entreprise à servir de partenaire d'innovation fiable dans l'industrie photonique.
HyperLight, ein Anbieter von Photonic Integrated Circuits (PICs) aus dünnem Lithiumniobat (TFLN), hat eine Investition in Höhe von 37 Millionen Dollar in der Series B gesichert, die von Summit Partners geleitet wird. An der Finanzierungsrunde beteiligen sich auch die bestehenden Investoren Xora Innovation und Foothill Ventures. Peter Chung, Managing Director und CEO von Summit Partners, wird dem Vorstand von HyperLight beitreten.
Die TFLN PICs von HyperLight bieten eine überlegene Bandbreite und Energieeffizienz für KI/Datenzentrum-Infrastruktur, Telekommunikations-Optiknetzwerke und Hochleistungsrechnen. Das Unternehmen hat seit seiner Gründung im Jahr 2018 industrielle TFLN PICs mit einer vertrauenswürdigen Lieferkette geliefert.
Die neue Finanzierung ermöglicht es HyperLight, die Produktentwicklung zu beschleunigen und die wachsende Kundennachfrage zu erfüllen. Es wird erwartet, dass die Investition die Fähigkeit des Unternehmens verbessert, als vertrauenswürdiger Innovationspartner in der Photonikanindustrie zu fungieren.
- Secured $37 million in Series B funding led by Summit Partners
- Existing investors Xora Innovation and Foothill Ventures participated in the funding round
- HyperLight's TFLN PICs offer superior bandwidth and energy efficiency for AI/data center infrastructure
- Company has delivered industrial-scale TFLN PICs with a trusted supply chain since 2018
- New financing will accelerate product development and meet growing customer demand
- None.
Insights
HyperLight's $37 million Series B funding marks a significant milestone in the photonics industry. Their thin film lithium niobate (TFLN) photonic integrated circuits (PICs) address critical bandwidth and power efficiency challenges in AI and data center infrastructure. This technology breakthrough could potentially disrupt the $10+ billion optical components market.
The investment from Summit Partners, known for successful photonics investments, validates HyperLight's potential. Their TFLN PICs offer superior performance over current solutions, positioning the company as a key player in next-generation optical communications. With AI driving demand for higher bandwidth, HyperLight is well-positioned to capitalize on this growing market.
For investors, this funding round signals strong growth potential in the photonics sector. HyperLight's focus on industrial-scale production and established supply chain reduces execution risk, making it an attractive prospect in the high-tech hardware space.
HyperLight's $37 million Series B funding is a positive indicator for the company's growth trajectory and market potential. This substantial investment, led by a reputable firm like Summit Partners, suggests strong confidence in HyperLight's technology and business model.
Key financial implications include:
- Accelerated product development, potentially leading to faster revenue growth
- Improved ability to meet customer demand, which could translate to increased market share
- Enhanced credibility in the market, possibly leading to more partnerships and customer acquisitions
While specific financial metrics aren't provided, the involvement of Summit Partners and the addition of Peter Chung to the board adds significant strategic value. Investors should monitor HyperLight's progress in product commercialization and customer adoption as indicators of future financial performance.
The continuing need for more bandwidth and greater power efficiency, accelerated by AI, is driving the industry’s transition to next-generation photonics technology. Current PICs have performance limitations due to their material properties and have become bottlenecks for high-performance optical communication. HyperLight’s TFLN PICs deliver unmatched bandwidth and energy efficiency well-aligned with the current and future needs of AI/data center infrastructure, telecommunications optical networks, and high-performance computing. Since the company’s founding in 2018, HyperLight has delivered industrial-scale TFLN PICs with a trusted supply chain. This new financing allows the company to accelerate product development and meet rapidly growing customer demand.
“We believe TFLN will be the photonics platform of the future and identified HyperLight as an emerging category leader,” said Peter Chung of Summit Partners. “The HyperLight team has established an impressive track record of pioneering innovation and strong execution. In a short time, the company has evolved this critical technology into market-ready products with a production-ready supply chain. We look forward to supporting the HyperLight team and working alongside the company’s current investors as they pursue their vision to build a category-defining company in photonics.”
“We are thrilled to welcome Summit Partners as a new investor given their capabilities and deep experience in photonics, including investments in E-TEK Dynamics, Finisar, MACOM and Acacia Communications,” said Mian Zhang, President and CEO of HyperLight Corporation. “This financing round, supported by investors with demonstrated experience in the photonics industry, will enhance our ability to serve the current and future needs of our customers as a trusted innovation partner. We are ready to serve the industry with high-speed and energy-efficient photonic IC solutions designed to enable the network of the future.”
About HyperLight Corporation
HyperLight delivers high-performance photonic ICs and cutting-edge photonics solutions. Founded in 2018 in
About Summit Partners
Founded in 1984, Summit Partners is a global alternative investment firm with capital dedicated to growth equity, fixed income, and public equity opportunities. Summit invests across growth sectors of the economy and has invested in more than 550 companies in technology, healthcare, and other growth industries. Notable investments in the communications technology sector include Acacia Communications, Arista Networks (NASDAQ: ANET), Ditech Networks, E-TEK Dynamics, Finisar, Hittite Microwave, MACOM (NASDAQ: MTSI), PowerWave Technologies, Sirenza Microdevices and Ubiquiti (NYSE: UI). Summit maintains offices in
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Source: HyperLight Corporation
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