Quantifi Photonics grabs $15m Series C

Intel Capital led the round.

  • The capital infusion will be used for R&D, personnel hiring and customer support
  • Dr. Andy Stevens is CEO and co-founder of Quantifi Photonics

New Zealand-based Quantifi Photonics, a provider of high-density photonics test solutions, has secured $15 million in Series C funding. Intel Capital led the round.

“Intel Capital’s investment will help us carry out our strategy and seize the market for the high-value test instruments required to support the rapidly growing transceiver market, which is projected to exceed US $14 billion by the year 2026,” said Dr. Andy Stevens, CEO and co-founder of Quantifi Photonics, in a statement.

The company designs products specifically for manufacturers of next-gen optical transceivers and co-packaged optical devices that use an extremely high number of parallel channels used to transmit data at speeds of up 52 terabits per second.

Quantifi Photonics is planning on growing its R&D and manufacturing teams and expanding its sales and customer support capabilities in the USA and Europe to capitalize on the significant growth in optical communication networks around the world.

Quantifi Photonics develops and manufactures benchtop and modular test instruments and customized test solutions.