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Ayar Labs Secures $35 Million in Series B Funding and Adds New Strategic and Global Investors as Interest in Optical I/O Grows

PRIVATENov 05, 2020

Amount Raised

$35 Million

Round Type

Series B

San JoseHardwareArtificial Intelligence

Description

Ayar Labs is pleased to announce the completion of a $35M Series B financing co-led by Downing Ventures and BlueSky Capital. New investors include Applied Ventures, LLC, Castor Ventures, Downing Ventures (U.K.), and SGInnovate (Singapore), expanding Ayar Labs’ investor base with strategic ecosystem and global investors. Existing investor participation includes BlueSky Capital, Founders Fund, GLOBALFOUNDRIES, Intel Capital, Lockheed Martin Ventures, and Playground Global.

Quick answer

Ayar Labs raised $35 Million in a Series B round, dated November 5, 2020. Ayar Labs is based in San Jose, California, United States.

How much did Ayar Labs raise?
Ayar Labs raised $35 Million in a Series B round on November 5, 2020.
What does Ayar Labs do?
Ayar Labs is the leader in optical interconnect solutions that move data at the speed of AI.
Where is Ayar Labs based and how big is it?
Ayar Labs is based in San Jose, California, United States. Fundz records about 175 employees.
Who are the decision-makers at Ayar Labs?
Fundz holds 1 contact at Ayar Labs. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Hardware and Artificial Intelligence around the same time

Companies in the same sectors as Ayar Labs that raised within 45 days of this round, from Fundz verified event records.

  • FiEE, Inc. raised $25M on December 11, 2020.
  • Fabric.AI, Inc. raised an undisclosed amount on December 7, 2020.
  • Deepwave Digital, Inc. raised $2.7M (Seed) on November 19, 2020.
  • Capacity raised $11M on October 28, 2020.
  • Capacity raised $11M (Series C) on October 28, 2020.
  • LegalSifter raised $1.8M (Seed) on October 15, 2020.

Who to call at Ayar Labs, and when

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Company Information

Company

Ayar Labs

Location

San Jose, California, United States

About

Ayar Labs is the leader in optical interconnect solutions that move data at the speed of AI. Recognizing that the complexity and size of AI models are increasing at a rate that traditional interconnect technology cannot handle, the company has developed the industry’s first optical I/O solution that enables customers to maximize the compute efficiency and performance of growing AI infrastructure, while reducing costs, latency and power consumption. Based on open standards and optimized for both AI training and inference, Ayar Labs’ optical I/O solution is backed by a robust ecosystem that enables it to integrate smoothly into AI systems at scale. Ayar Labs was founded in 2015.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Ayar Labs raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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