EFFECT Photonics receives funding
20 September 2019EFFECT Photonics has secured €5M in funding from PhotonDelta to support its growing business. The funds will be used to further accelerate product development and business scale-up, and thereby strengthens the integrated photonics ecosystem.
EFFECT Photonics has secured €5M in funding from PhotonDelta to support its growing business. The funds will be used to further accelerate product development and business scale-up, and thereby strengthens the integrated photonics ecosystem.
EFFECT Photonics’ CEO James Regan says the Internet of Things, virtual reality, and cloud services are growing in popularity every day, increasing the demand for the best service possible. “These applications all depend on the next generation of connectivity, and 5G mobile infrastructure relies on the backing of a world-class optical network enabled by EFFECT Photonics. We are extremely proud that PhotonDelta shows this confidence in us, and are certain that the investment will support our ongoing work to enable this next era of photonics connectivity.”
CTO Boudewijn Docter adds: “At EFFECT Photonics, we integrate all of the optical functions into a single chip and combine it with low-cost, non-hermetic packaging and automatic tuning. Thus DWDM – the proven solution for core and metro networks – is now simple, cost-effective and scalable enough for 5G infrastructure rollouts around the world. This funding allows us to really push forward our next-generation products to bring even more powerful optical systems to the edges of the network”.
