Eliyan Corporation, a leader in foundational connectivity technologies enabling next-generation AI compute, memory, and networking systems, announced it has completed its Series C with a total of $145 million at a $1 billion valuation.

The oversubscribed round was led by Seligman Ventures, with participation from additional new and existing investors, including two new strategic investors: Cisco Investments and Lumentum. The latest addition to Eliyan's strategic investor list is further testament to Eliyan's technology fit at major hyperscalers, chip developers, memory suppliers, and optical module providers.