MultiPhy Raises $17 Million to Fuel its Growth and Continued Innovation

MultiPhy Raises $17 Million to Fuel its Growth and Continued Innovation

Strengthening its position as Data Center Connectivity leader

Palo Alto, CA – January 11, 2016 – MultiPhy Inc., a global leader in DSP-based high bandwidth CMOS communications semiconductors for Data Center Connectivity today announced that it has completed a financing round of $17 million from existing and new investors, comprising of both venture capitalists and major strategic corporate leaders.

“We are pleased to have such a strong vote of confidence from both our investors and the industry”, said Avi Shabtai, CEO at MultiPhy. “The commitment and support of our investors sends a clear message that MultiPhy is the leading player in high speed 100G single lambda Data Center connectivity. As the market sets clear demand for significant increase in throughput connectivity and cost effectiveness, we expect single lambda 100G modules to become the mainstream with millions of ports deployed worldwide.”

The new capital gives the company additional resources and tools to accelerate development of its next-generation FlexPhy IC and drive the adoption of its technology through strategic partnerships. The funding will also allow MultiPhy to expand its business operations to better support customers and strengthen the company’s leadership in the market.

About MultiPhy 
MultiPhy is an innovator of cutting edge digital-signal-processing based integrated circuits for high-speed communications. The company’s 100Gb/s CMOS chipsets with advanced modulation schemes are leading in the technology paradigm shift made necessary by the dramatic increase in network traffic. MultiPhy’s solutions make optical networks faster, more scalable, flexible and more cost-effective for Data Center Connections.

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Marketing & Media Contact
Ami Lifshitz
Marketing Manager
+972 8 931 9726
ami.lifshitz@multi-phy.com

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