InnoLight Technology has just raised $ 38 million from Google Capital – which is making its first investment in China, and its second in Asia – and Lightspeed China Partners. The company develops high speed optical transceivers, especially for data centers. A particularly useful product for Google, which has to manage ever-increasing amounts of data.
“InnoLight’s technology is uniquely positioned for next-generation data center environments,” said Gene Frantz of Google Capital. “InnoLight has grown dramatically over the past three years, almost doubling its revenues each year. We are now a leader in 40 Gbps optical transceivers (…). With this C-Series investment, we will continue to strengthen our technological leadership and expand production capacity to support the rapid growth of the cloud computing industry ”adds Sheng liu, CEO of InnoLight.
Founded in April 2008 by Osa Mok, Hsing Kung, and Sheng Liu, InnoLight, based in Suzhou, China, was initially backed by China-Singapore Suzhou Industrial Park Ventures.