Tech Company Financing Transactions

DustPhotonics Funding Round

Atreides Management LP, EXOR and Greenfield Partners participated in a $24 million Series B venture round for DustPhotonics. The financing round was announced by the company on 2/21/2024.

Transaction Overview

Company Name
DustPhotonics
Announced On
2/21/2024
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Series B
Investors

Atreides Management LP (Lead Investor)

EXOR (Lead Investor)

Greenfield Partners (Lead Investor)

Sienna Ventures (Lead Investor)

Proceeds Purpose
The company intends to use the funds to scale production of its Carmel-4 and Carmel-8 products, used for 400Gb/s and 800Gb/s applications, and to accelerate development of its products, which will enable 1.6Tb/s applications.

Company Information

Company Status
Private & Independent
Industry
Networking
Mailing Address
8 Ha'oreg St.
Modiin, 7178102
Israel
Phone
Undisclosed
Website
www.dustphotonics.com
Email Address
[email protected]
Overview
DustPhotonics enables mass adoption of optical connectivity in next generation data center, cloud, HPC and enterprise networks. The Company's short to midrange optical transceivers and active optical cables (AOC) support all form factors at data rates up to 400Gbps and offer an unprecedented low-cost solution.
Profile
DustPhotonics LinkedIn Company Profile
Social Media
DustPhotonics Company Twitter Account
Company News
DustPhotonics News
Facebook
DustPhotonics on Facebook
YouTube
DustPhotonics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Benjamin Rubovitch
  Benjamin Rubovitch LinkedIn Profile  Benjamin Rubovitch Twitter Account  Benjamin Rubovitch News  Benjamin Rubovitch on Facebook
Chief Technical Officer
Kobi Hasharoni
  Kobi Hasharoni LinkedIn Profile  Kobi Hasharoni Twitter Account  Kobi Hasharoni News  Kobi Hasharoni on Facebook
VP - Engineering
Amir Geron
  Amir Geron LinkedIn Profile  Amir Geron Twitter Account  Amir Geron News  Amir Geron on Facebook

 

 

Browse more venture capital transactions:

Prev: 2/20/2024: Juniper venture capital transaction
Next: 2/21/2024: Novity venture capital transaction

 

Share this article

 

About Our Venture Capital Transactions Database

We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary

 

Copyright © 2001-2024. Gaebler Ventures. All rights reserved.