The fabless semiconductor start-up is integrated circuits for high-speed optical communications.
Fabless semiconductor start-up Multiphy Ltd. is in talks to raise $7.2 million in a financing round from Carmel Ventures and current investors Vertex Venture Capital and parent company Maayan Ventures Ltd. (TASE:MAYN).
Multiphy is developing digital signal processing (DSP) based integrated circuits for high-speed optical communications at speeds of 40-100 Gbps. CTO Prof. Dan Sadot founded the company at the Maayan incubator in November 2006. MultiPhy graduated from Maayan April 2008. Maaayan owns 24.62% of the company (18.23% on a fully diluted basis).
Published by Globes [online], Israel business news - www.globes-online.com - on May 12, 2010
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Yaniv Magal and Shmulik Shelah