OpenLight, a leader in custom Photonic Application-Specific Integrated Circuit (PASIC) chip design and manufacturing based on heterogeneous integration, has announced the close of its oversubscribed $34 million Series A. The round is co-led by Xora Innovation and Capricorn Investment Group. Other participants include Mayfield; Juniper Networks, now part of HPE; Lam Capital, the corporate venture arm of Lam Research Corporation; New Legacy Ventures; and K2 Access.

OpenLight is the world leader in custom PASIC design. OpenLight's PASIC technology integrates all the components of silicon photonics devices, both active and passive components, into one chip. Our executive and engineering teams deliver the world's first open silicon photonics platform with integrated lasers, modulators, amplifiers and detectors to improve the performance, power efficiency and reliability of designs for datacom, AI, high-performance computing, telecom, automotive and industrial sensing, IoT sensing, healthcare and quantum computing applications. With over 360 patents, OpenLight is bringing optical solutions to places it has never been before and enabling technologies and innovation that weren't previously possible.