RANOVUS Quantum Dot Multi-Wavelength Laser Technology Develope Advanced Interconnect Solutions
RANOVUS Inc. announces $11 million round of financing from leading venture capital firms, with which to develop leading interconnect solutions.
- (1888PressRelease) October 17, 2013 - RANOVUS Inc. plans to deliver fast, reliable and cost-effective interconnect solutions with Quantum Dot Multi-Wavelength Laser technology combined with advanced digital and photonics integrated circuit technologies.
RANOVUS Inc., a leading provider of multi-terabit interconnect solutions for Data Center and communications networks, in September this year, disclosed a round financing of $11 million from leading venture capital firms including Azure Capital Partner, T-Ventrue, BDC Venture Capital, OMERS Ventures, and MaRS Investment Accelerator Fund. RANOVUS will utilize the new round of financing to execute on the company's innovative roadmap, its expansion plan to support product delivery and ramp up its leading interconnect solutions.
The mission of this company is to deliver innovative interconnect solutions to enable a scalable infrastructure to keep pace with the ever-increasing demand for fast, reliable and cost-effective network connectivity, with technology which delivers significant reduction in power dissipation, size and cost of interconnects, and enables a much lower latency compared to traditional solutions.
According to Hamid Arabzadeh, RANOVUS' Chairmen, President and SEO, RANOVUS' product platform is enabled by the company's innovation in Quantum Dot Multi-Wavelength Laser technology combined with advanced digital and photonics integrated circuit technologies, which enables Data Center operators to achieve cost-effective, power efficiency and low latency connectivity from 100Gb/s to multi Tb/s.
"The RANOVUS team are veterans in the industry and have already delivery key technology milestones while partnering closely with leading data center players, network operators and OEMs to deliver their first market defining product." said Paul Ferris, founding General Partner, with Azure Capital Partners. "RANOVUS's solutions enable a high capacity platform for cost-effective terabit interconnectivity a reality that is required for the new cloud computing infrastructure"
RANOVUS's ability to raise this level of funding from a series of tier-1 investors is a testament to their value proposition. "There has never been a better time to invest in companies that address global resource, productivity and efficiency challenges. RANOVUS is such a company, commercializing innovative technology" said Larry Lam, partner with the DC Venture Capital Energy/Cleantech Fund.
About RANOVUS
RANOVUS, founded in February 2012, is a solution provider for the next generation interconnects for the telecommunications and information technology industries. RANOVUS's current disruptive portifolio includes Quantum Do Multi-Wavelength Laser technology and advanced digital and photonics integrated circuit technologies that are setting a new industry benchmark for the lowest power dissipation, size and cost of the next generation of optical interconnect solutions.
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