Teramount’s $8 million funding round brings in next-gen semiconductors
The funding follows a recent breakthrough that demonstrates 100x improved tolerance compared to existing technologies
Silicon-photonics is the process that sees ‘speed-of-light data transfer’ at low power consumption. Semiconductor vendors have been addressing the need for solutions regarding bandwidth and the ability to properly process large data transfers without hampering scalability or reducing manufacturing reliability. Teramount’s breakthrough is set to solve this challenge as well as offer breakthroughs in other industries such as 5G, sensors, mobility, and more.
“The insatiable need for dependable high bandwidth solutions requires solving the issue of a complex integration of optics directly on silicon switches in a co-packaged configuration and that issue has remained unsolved until now,” added Lior Handelsman, General Partner at Grove Ventures. “Teramount’s cost-effective, high-yield solutions for connecting hundreds of fibers to a single switch chip is a uniquely scalable solution that offers superior performance, dependability, and cost. It represents a unique opportunity to upend the status quo on an incredible scale and we’re excited to be a part of it.”
David (Dadi) Perlmutter, Teramount chairman added: "The ever-increasing need for computing speed and capacity for the current and future needs driven by the world moving fast to digital and the growth of AI applications requires data transfers in the data center and between computers in light speed. Teramount technology not only makes it happen, but makes it manufacturable in higher yields and volume.”
Teramount was founded in 2013 by Taha and Abraham Israel, who serves as CTO. It provides optical connectivity for chipsets that can handle the high-bandwidth needs of data centers, computers, and mobile devices.